News

Wednesday, 20 April 2011:

Multimedia yet again among Poland’s 500 largest companies

Multimedia Polska was once again listed among Poland’s 500 largest companies—the latest ranking published by the daily Rzeczpospolita. We were ranked 416th this year.

We have also been nominated for ‘Poland’s Eagles’ (Orły Rzeczpospolitej) in the commercial companies and non-financial services category. There were five nominees in that category, and the title was given to Netia S.A.

For the eighth time running Rzeczpospolita’s journalists also estimated the value of Poland’s largest enterprises. The daily’s 500 largest companies are worth over PLN 1 trillion. The value of Multimedia Polska was estimated at PLN 1,478 million, ranking us 153rd among the 500 largest companies. The value of each company was assessed based on three indicators: sales, book value and EBITDA (earnings before interest, tax, depreciation and amortisation).

Wednesday, 23 March 2011:

Multimedia Polska launches mmTV.pl – Poland's first Internet service with VOD and TV channels

We are the first cable operator in the country to launch mmTV.pl – a website offering video on demand (VOD) and television channels. This is yet another project that will contribute to revenue growth, both from our existing subscribers and customers who do not have access to our services.

“We have honed our offering over the years to become fully comprehensive and competitive. Today, our customer can have it all—anything and everything available in Poland as far as home entertainment and communication is concerned. mmTV.pl is part of our strategy that should soon provide an additional source of revenue and increase customer loyalty and, in the longer term, with the increasing importance of Internet television, it can become a very important element of our business,” says President Andrzej Rogowski. “The roll-out of mmTV.pl enables us to benefit from economies of scale and our experience gained while introducing VOD for our DTV customers. We already have some 400,000 Internet users. They are the first potential users of mmTV.pl.”

Introduction of mmTV.pl to our offering is part of our strategy to provide customers with a full range of fixed and mobile telecom services. Having focused so far on infrastructure services, such as analogue and digital television, Internet access and telephony, we have now started introducing products based on the content available both for customers who use our infrastructure as well as users of other networks. The website offers both VOD and LiveTV. In the future, advertising will also become our additional source of revenue.

The latest current reports filed with the Warsaw Stock Exchange are available in Current reports