The Management Board of Cyfrowy Polsat S.A. (the ”Company”) hereby announces that, the Company and Polkomtel Sp. z o.o. (‘Polkomtel’), a wholly owned subsidiary of the Company, entered into negotiations with companies belonging to Midas capital group regarding new terms of cooperation in the scope of telecommunication services regarding data transmission.
The intent of the Company is that the new terms will come into effect on January 1, 2015 and that, inter alia, they will be applicable to data packages purchased within the framework of earlier
agreements, about which the Company informed in current reports No. 19/2014 of March 27, 2014 and No. 34/2014 of December 16, 2010, as well as potential new data packages, which the company
may purchase in the future.
In light of the dynamic rate of growth of the number of users of the mobile Internet service as well as of the consumption of the hitherto purchased data packages, the aim of the Management Board of the
Company is to secure a data package reserve that will allow unrestrained development of Internet access services in the medium-term. More favorable terms of obtaining data packages may translate
into a more attractive and competitive offer for our customers, thus contributing to a faster rate of acquisition of mobile Internet service users or improving margins generated from telecommunications
services.
Legal basis: Article 56 sect. 1 item 2 of the Act on public offering and the terms for introduction of financial instruments to organized trading and on public companies, dated 29 July 2005.
