Poland’s ‘n’ grows ahead of merger
February 15, 2012
Polish pay TV platform ‘n’, grew by 71,000 subs in 2011 ahead of its merger with Cyfra Plus. Pre-paid buyers grew by 7 per cent to 345,000 total.
Turnover was PLN198 million (€47.2 million) for the fourth quarter, up 20% on the previous year with full year sales up 21 per cent to PLN739 million.
“TVN Group successfully met its targets for 2011, with performance reflecting market volatility in the advertising driven part of operations and strong development of pay TV business ahead of consolidation of satellite TV space,” said TVN Group CEO Markus Tellenbach.
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