Corporate

Cyfrowy Polsat will carry out the first in Poland issue of corporate green bonds denominated in Polish zloty (PLN), with the proceeds from the bond issue, amounting PLN 1 billion, being used for refinancing the pro-environmental projects, including improvement of the energy efficiency by the Group or reduction of the carbon footprint associated with the electronic devices manufactured by Cyfrowy Polsat.

Cyfrowy Polsat is the largest and the most important Polish company in the media and telecommunications area while Asseco Poland likewise in the IT sector. Both companies’ future and development is based on an ability to create and implement products and services with the use of cutting-edge technologies.

Introduction of the OTT web TV, a new package of Polish Ekstraklasa football premiership, strong sales results for mobile telephony and smartphones, signing a joint venture agreement with Discovery and TVN with intention to create a joint OTT platform

Friday 25^th October 2019, Warsaw and London - Discovery and Cyfrowy Polsat have signed a joint venture agreement to create a video streaming platform which will operate in Poland and international markets.  

Cyfrowy Polsat Group ended Q2 with very good and stable operating results in both segments of its business while demonstrating very good financial performance and, once again, record-low churn. The Group’s offer of sports programs, which is consistently being developed, has been enriched to include two new TV channels, i.e.

Cyfrowy Polsat Group started 2019 very well – around 300 thousand more multiplay customers and in excess of 500 thousand additional contract services year-on-year, with churn again at a record low level of 7.2%.

Cyfrowy Polsat Group ended 2018 with very good financial and operating results. The Group accomplished its assumed goals and strengthened its position on the pay TV, telecommunications as well as TV broadcasting and production markets. It currently provides nearly 14.3 million services and thanks to the consistent implementation of the multiplay strategy it has seen further reduction of the already record-low churn level.

Polsat Group, the biggest Polish media-and-telecommunication group which was built from scratch by Zygmunt Solorz on the basis of Polish capital, the unquestioned leader of Polish economy, is in the process of evolving its supervisory and management functions. Mr. Zygmunt Solorz, together with his sons, will be exercising ownership supervision of the Group from the level of respective supervisory boards.

Cyfrowy Polsat Group closed Q 3 2018 with very good operating results in both segments, and delivered strong financial results which reflect a healthy condition of the business. Furthermore, the Group exceeded 14 million contract services provided to its customers and thanks to the consistent multiplay strategy the churn rate was at the record low level. The Group has started monetizing the rights to the UEFA Champions League and generated very good sales results of the Polsat Sport Premium packages.

Major operating results for Q3 2018 

Cyfrowy Polsat Group closed Q2 with very good and stable results which are in line with its long-term strategy in both customer segments. The achieved, strong results exceed the average figures expected by stock exchange analysts. Acquisition of control over Netia in May paved way for the start of operational cooperation of the two companies, whereas strategic cooperation and purchase of a controlling stake in the Eleven Sports Network’s Polish operation support consistent development of the Group’s offer of premium sports programs.