Fibre drives Netia’s TV business; up 13%

Poland’s Netia saw its TV RGU total grow by 13% in the year to June 30.

In its latest set of results the company says that this was down to the modernisation of its fibre network, now offering broadband access of up to 1Gbps and allowing it to effectively sell packages that include TV services.

It adds that the number of B2C TV subscribers stood at 221,000 at the end of June, or 4,000 more than three months earlier.

Netia had revenues of PLN326 million (€74.8 million) in Q2. Although the figure was similar to that in the first quarter (PLN327 million), it was down 5% on the same period in 2018.

EBITDA, in accordance with MSR 17, was PLN 90 million, up 9% on Q1 but 3% down on a year earlier.

Netia is the leading alternative telco in Poland and has been majority owned by Cyfrowy Polsat since May 2018.


Our privacy policy