Press releases
- Better results in quarter III
Poniedziałek, 15/11/2010
The Consolidated Financial Statement presenting operational results of the Capital Group in quarter III, 2010 was positively received by the shareholders. Reorganization of the company and resignation from the least profitable business allowed for a large reduction of operational costs of the Group. “I am positively assessing results of the implemented changes, however, the financial results related to the actions taken will only be visible at the end of the year. I consider the current results to be fully satisfactory” – said Miroslaw Janisiewicz, President of the Management Board of Mediatel S.A.more >>
- The Mediatel Capital Group took a decision to introduce changes into the area of the business customers market. Modification of the previous strategy of the Group resulted in the sale of Mediatel 4B to Aster Sp. z o.o., a telecommunications operator, offering TV access, broadband internet and fixed and mobile telephony services. Continuation of providing telecommunications services for the existing customers by the Capital Group, during next 2 years, is one of the elements of the agreement.In the last quarter, the Capital Group also made a 50% reduction of employment and changed the management structure of the companies included in the Group. The increase of the Group operational flexibility and dynamics was the objective of the reorganization.At the same time, as a result of the introduced changes, the Mediatel Capital Group operations will be concentrated on introduction of the non-brand operator strategy. The Mediatel Capital Group will focus their activities on the wholesale market, and especially, on the international wholesale traffic termination and on technological support for other subjects with respect to telecommunications services. The increase of operational efficiency and concentration on the priority one areas will have a positive impact on the company’s results in the following months.
- 3rd quarter successful for Mediatel Group
Wtorek, 10/11/2009
In the 3rd quarter of 2009 Mediatel S.A. company generated income in reaching 46.58 million PLN, at the same time EBIDTA was around 5.55 million PLN as compared to 50 million PLN income and 10 million PLN EBIDTA in comparable period the previous year. It must be stressed that EBITDA result for the 3rd quarter of 2008 was the result of a one time transaction for over 5 million PLN. In the three quarters of 2009, Mediatel income was 151.7 million PLN and EBIDTA profit index reached 14.6 million PLN.
- Centernet takes Telepin over from Mediatel Group
Czwartek, 01/10/2009
On 30 September 2009 Elterix S.A., a subsidiary of Mediatel S.A., sold assets related to pre-paid services provided for individual clients under brand names Telepin and Telepin Mobi to CenterNet, the transaction included Telepin and Telepin Mobi pre-paid cards distribution agreement. Transaction value was 3 million PLN. Condition precedent for the agreement coming into effect is the execution of the agreement by virtue of which the Parties shall specify the cooperation principles binding at the project by the end of 2011.
- Mediatel consistently implements its plans - 1H2009 results
Wtorek, 25/08/2009
Mediatel S.A. - telecommunications operator listed at Warsaw Stock Exchange recorded another successful mid-year. The Capital Group, in the 1st half of 2009, generated 105.2 PLN income. EBIDTA reached 9.04 PLN. As compared to the 1st half of 2008 the company income increased by 70% and EBIDTA increased by 134%.
- Sferia and Vectra turn to Mediatel
Czwartek, 20/08/2009
Mediatel S.A. Capital Group concluded contracts for the provision of services concerning data transmission and the Internet access with two, significant on the telecommunications market, business entities - Sferia S.A. and Vectra S.A. The total value of the executed contracts is estimated to be over 1 million PLN gross. Execution of the contracts with Sferia and Vectra is the first step in the implementation of Mediatel strategy aimed at strengthening the company competence as a new leader in the provision of data transmission services.
