TVN Group`s financial results for the first guarter

dodano: 2010-05-13 13:49 | aktualizacja: 2010-05-14 19:02
autor: Rafal Tomasiak | źródło: TVN

Revenues from pay-TV service platform n increased by 33 million PLN or 32% in comparison with the previous year. The main factor was the subscriber base which increased by a 32,000 net to 724,000 in the first quarter of this year reaching a rate of growth at 33% and ensuring the same rate of revenue growth. In the area of active customers, base of Telewizja na Karte (TNK) clients has increased by 45,000 in the first quarter.

Base of active customers amounted at the end of March to 307,000 translating into increased revenues by 16%. The total subscriber base and revenue generating pay-TV customers reached on 31st of March to 1,031,000. During the three months ended on 31st of March 2010, n platform recorded average revenue per subscriber (ARPU) of 57.3 PLN. EBITDA increased by 7 million to 25 million PLN. TVN Group's revenues increased by 8% in comparison with previous year.

n platform acquired 32,000 subscribers and 45,000 active TNK clients in the first quarter of 2010. Onet.pl is the undisputed leader among the horizontal portals with nearly 12 million users and 3.3 billion page views in February.

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