August 22, 2013 11.10 Europe/London By Chris Dziadul
The new Polish DTH platform nc+, formed by the merger of n and Cyfra+ in March this year, ended the first half with 2.3 million post-paid subscribers.
At the same time, according to results published by TVN, its ARPU stood at PLN63.4 (€15) and revenues over the period reached PLN1,138 million.
TVN is a minority (32%) shareholder in nc+, with Canal+ (51%) holding the largest stake.
It had a net loss of PLN32 million in second quarter and PLN78 million in the first half.
TVN revenues were meanwhile down by 2.5% and 4% year-on-year respectively, while reported EBITDA was up by 10% in both Q2 and H1.