TV lifts Polish telco gloom

By Chris Dziadul
October 29, 2009

The Polish incumbent telco Telekomunikacja Polska (TP) ended Q3 with 283,000 subscribers to its IPTV and DTH services.

Its IPTV subscriber total grew by 88% year-on-year, and it sold 132,000 DTH subscriptions in the nine months to September 30 this year.

Although the France Telecom-backed company enjoyed double digital growth in its fixed broadband operations, with revenues in the first nine months of 2009 being 10.7% up on the previous year, its overall financial performance was disappointing.

Its group revenues in the year to September amounted to PLN12.555 billion (2.963 billion), or 7.6% less than a year earlier.