Cyfrowy Polsat sees growth

Polish pay TV operator Cyfrowy Polsat had 16.532 million revenue-generating units at the end of March, with 5.893 million customers, the group reported.

The operator grew its total base of contract services by 2.8% year-on-year, with its mobile internet base growing by 14.7% and pay TV RGUs increasing by 3.5% thanks to strong multiroom sales and strong OTT sales.

Multiroom customers grew by 9.8% to 957,952 out of a total pay TV base of 4,560,267.

Cyfrowy Polsat said that 18%, or 1.09 million, of its base were now multi-play customers, contracting 3.22 million services.

As at the end of the quarter, each customer in the operator’s base had on average 2.16 active contract services, which constitutes an increase of 5.9% compared to the same period last year.

Cyfrowy Polsat’s revenue grew by 1.3% dkuring the first quarter tio PLN2.284 billion (€516 million), with stronger ad sales, equipment sales and broadband revenue offsetting decreased voice revenues.

Group EBITDA was PLN865 million , up 3.6%. The group posted a net profit of PLN179 million.