26 million people within the coverage footprint of Plus’s 5G network, Polsat-Interia Group is the leader among Internet publishers, new wind farms and start of green hydrogen production
The management boards of Cyfrowy Polsat and Polkomtel (a subsidiary of Cyfrowy Polsat) have decided to partially repay their term loan early, resulting in interest savings of approximately PLN 30 million. The total prepayment amounts to almost PLN 700 million, reducing the debt under the loan agreement with financial institutions to just over PLN 6.2 billion, with a further repayment schedule until 2028. The prepayment was made possible by the sale of Asseco shares.
Cyfrowy Polsat announces that it has completed the sale of the majority of its shares in Asseco Poland, representing a 9.99% stake in its share capital. The transaction is part of Cyfrowy Polsat's ongoing strategy to further strengthen its operations in strategic areas and focus on its key pillars. The buyer of the shares is Yukon Blue Kapital B.V. According to the published current report, the number of shares sold is 8,300,029 and the price per share was PLN 85. The value of the entire transaction is over PLN 705 million.
Q3 2024 was very good for Polsat Plus Group, both in financial and operational terms.
Cyfrowy Polsat and its capital group are operating stably, according to plan and in a normal operational mode. The situation reported in the media in recent weeks has no impact on the operational and financial activities of the Company and the Group.
The Group's financial position is stable, and it consistently executes its strategy while meeting its obligations to financial institutions and bondholders on time.
In Q2 2024 Polsat Plus Group increased the coverage footprint of the fixed-line Internet access service offered by Plus and Netia to more than 10 million households with nearly 23 million people. Also as many as 23 million people live within the coverage area of Plus’s 5G service, while the 5G Ultra service, offering data speeds of up to 1 Gbps, is available to 6 million people. TV Polsat spring programming schedule enjoyed high audience share while Polsat-Interia Group continued to be the leader in the mobile category.
Polsat Plus Group with funding from the European Climate, Infrastructure and Environment Executive Agency
The publicly accessible hydrogen refueling station commissioned today is the first in Gdansk, and the third NESO station in our country, built and launched by Polsat Plus Group and ZE PAK Group. Buses, cars and hydrogen trucks will be able to refuel at the station. Already, the first of 10 NesoBuses produced by Polsat Plus Group and ZE PAK Group for the city of Gdansk will be refueled at the station. The ultra-ecological hydrogen buses will join the fleet of eco-friendly vehicles of Gdansk Buses and Trams.
Polsat Plus Group and ZE PAK jointly invest in Poland's largest planned wind farm project with total connected capacity of about 500 MW
In Q1 2024 Polsat Plus Group expanded the Plus network 5G coverage to reach 23 million people, while the 5G Ultra technology, with data speeds of up to 1 Gbps, reaches 6 million people. Fiber-optic connections reach 13 million people. TV Polsat spring programming enjoyed high audiences share while Polsat-Interia Group was once again the no. 1 Internet publisher in April. Technological start-up of the Group’s third wind farm, located in Człuchów, is in process.
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