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Cyfrowy Polsat Group navigates Q1 2024

May 24, 2024 13.39 Europe/London By Julian Clover

Polsat Plus Group says 23 million Poles are now within the coverage area of Plus’s 5G network, while 6 million can enjoy the even faster 5G Ultra service.

It follows the planned aggregation of the new C frequency band spectrum that will allow Plus customers will be able to enjoy 5G Internet access at maximum Internet connection speeds of up to 2 Gbps.

Polsat Box and Plus have taken on board new streaming packages, combining Disney+, HBO MAX and Polsat Box Go Plus for only 49.99 PLN monthly; Stream+ in Polsat Box gives access to Disney+ and HBO Max (including 3 HBO channels) for 49.99 PLN monthly, while Polsat Box subscribers can also enjoy free access to TV channels and the content offered as part of their respective package via Polsat Box Go service.

“Plus’s 5G network coverage is already available to 23 million of Poland’s inhabitants, with 5G Ultra technology, offering data rates of up to 1 Gbps, being available to 6 million people. Our fibre optic network reaches 13 million people. We invest in our TV programming offer, including even better sports and new TV series. Technical start-up of another wind farm, located in Czluchow, is in progress, while the town of Chelm ordered 26 NesoBus hydrogen buses from us,” says Miroslaw Blaszczyk, President of the Management Board of Cyfrowy Polsat and Polkomtel, Polsat Plus Group.

Polsat Plus Group holds over 20 million telecommunication and TV services (RGUs), 2.5 million customers use multiplay offers that bundle Polsat Box and Plus services. Pay-TV customers slipped by 147,000 to 4,804,000, which the company blamed in part on the decline of its DTH satellite business.

Average revenue per contract customer increased by 4.5% year-on-year in Q1 2024 and reached 74.6 PLN, while the churn level for B2C customers remains low, at 7.6% annually.

The company said the number of subscribers using multiplay services remained stable at 2.5 million, despite unfavourable market conditions.

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Filed Under: Central & East Europe, Newsline Tagged With: Polsat Plus Group Edited: 24 May 2024 14:04

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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