Multimedia Polska adds 10k digital subscribers in Q1'09

Thursday, May 14th, 2009 
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The consolidated financial statements for the first quarter 2009 were prepared for Multimedia Polska S.A. (Warsaw:MMP) and the following entities of Multimedia Polska Group: Tele – Top Grupa Multimedia Polska Sp. z o.o., Multimedia Polska – Zachód Sp. z o.o., Multimedia Polska – Południe S.A., and Telewizja Kablowa Brodnica Sp. z o.o.

Operating Review

As at 31 March 2009, our Group had 1,162,476 revenue generating units (RGUs), including 637,060 cable TV RGUs (of which 5,554 IPTV RGUs and 80,575 DTV RGUs), 292,750 broadband Internet RGUs, 188,142 voice RGUs, 32,499 premium channels RGUs, 11,314 indirect voice services, and 711 payphones.

As at 31 March 2009, we had over 271,000 subscribers who have subscribed for more than one service, including ca. 74,400 triple play subscribers.

In the first quarter 2009, we recorded a net increase in RGUs of 33,250 (after churn), including 12,724 CATV RGUs (including the addition of 2,301 analog cable TV RGUs, 580 IPTV RGUs and 9,843 DTV RGUs).

Cable Television

As at 31 March 2009, the Group had ca. 86,000 digital television subscribers in both technologies (DTV and IPTV). As a result of the launch of new services, such as VoD, HDTV etc., the Company expects to see a significant growth in the number of DTV users and in revenues generated on those services in the coming quarters. Churn on cable television in Q1 2009 was at a level of 2.5% (monthly average of 0.84%) as compared to 2.3% (monthly average of 0.76%) in Q1 2008.

Video RGUs (thousands):

                 1Q08  2Q08  3Q08  4Q08  1Q09
                 ----  ----  ----  ----  ----
Video             592   613   630   655   670
  of which
    Analogue      530   538   543   549   551
    Premium        23    24    28    30    32
    DTV            35    47    55    71    81
    IPTV            4     4     4     5     6

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