EBITDA (earnings before interest, taxes, depreciation and amortisation) rose 36.7% to 93.6 million euros on established activities, and 12.4% to 43.4 million euros reflecting activities under development - namely the launch of the digital platform "n."
"N" has gained 200,000 subscribers since its launch one year ago.
TVN Group, which includes the private broadcaster TVN and Grupa Onet, reported a 29.4% rise in revenue, ITI said in a statement Nov. 23.
In related news, both Standard and Poor's and Moody's ratings services have raised TVN's long-term credit rating to ‘BB'/'Ba2' from ‘BB-‘/'Ba3'.