Cyfrowy Polsat reaches 2.8 million subscribers
Tuesday, May 12th, 2009
WARSAW — Cyfrowy Polsat S.A. (Warsaw: CPS), the largest provider of pay DTH satellite television broadcasting services in Poland, had 2,802,056 subscribers as of 31 March 2009.
In the three months period ended 31 March 2009 the number of new contracts signed was 14% higher than in the corresponding period of 2008. The growth in the number of new contracts results from an extension of our promotional offers applied in the three months period ended 31 December 2008 till mid February 2009.
As at 31 March 2009 we had 2,802,056 subscribers, 28.1% more than as at 31 March 2008, when we had 2,187,230 subscribers. The number of our Family Package subscribers increased by 20.7% to 2,311,321 and constituted 83% of our entire subscriber base and the number of our Mini and Mini Max Packages subscribers increased by 79.8% to 490,735 subscribers and constituted 17% of our entire subscriber base. Increase in our subscriber base can be attributable to an increase in the number of new contracts signed during the period, partially offset by an increase and churn rate.
Number of subscribers at end of period:
Three months ended ---------------------------- Percentage 31 March 2009 31 March 2008 difference ------------- ------------- ---------- Total 2,802,056 2,187,230 28.1% Family Package 2,311,321 1,914,310 20.7% Mini Package 490,735 272,920 79.8%
More: Earnings Release
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