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Polish Pay-TV Provider Tunes Deeper Into Telco Business Days after reporting revenue fell 5% and its company was acquired, both the CEO and chief technology officer of Polish telco Netia resigned -- a sign, no doubt, of changes to come now that the operator is owned by pay-TV provider Cyfrowy Polsat. CEO Katarzyna Iwuć and CTO Stefan Radzymiński turned in their resignations this week, reported the Warsaw Business Journal (subscription required). Neither former executive cited a reason for their departure. Wojciech Pytla, a member of the company’s supervisory board will be acting CEO for up to three months, the Polish newspaper said. On May 12, Poland's anti-trust agency approved a takeover of Netia by Polish pay-TV operator Cyfrowy Polsat. At the time, Cyfrowy Polsat owned about 32% of Netia. UOKiK's approval allowed Cyfrowy Polsat to acquire another 34.24% of Netia -- and controlling interest, WBJ reported in a separate story. The acquisition gave Cyfrowy Polsat immediate access to 20,000 kilometers of backbone fiber optic network, municipal fiber infrastructure in the 48 largest Polish cities and last-mile networks reaching 2.5 million locations, according to the pay-TV provider. "Fixed line Internet will perfectly complete our portfolio of services, which, after the transaction is finalized, will be made available to almost one million clients of Netia. We will significantly strengthen our offer for business clients as well. Additionally, with the new services included in our portfolio we will bring the multiplay offer to a new market of large cities, so far populated by large cable network operators only” said Tobias Solorz, president of the Management Board of Cyfrowy Polsat, when the acquisition was announced in late 2017. The operator also acquired Telewizja Polsat, IPLA, Plus and Midas Group. Mergers and acquisitions -- and post-purchase integrations -- are an international occurrence, impacting competitors, vendors and customers. Related posts:
— Alison Diana, Editor, Broadband World News. Follow us on Twitter or @alisoncdiana. |
In a flurry of activity throughout the week, Donald (DJ) LaVoy, Deputy Under Secretary for Rural Development at the US Department of Agriculture, and his team spent about $145.8 million in the non-urban or suburban areas of seven states.
Calix reported revenue of $120.19 million – up 4% – in Q4 2019, putting a bounce in the step of company president and CEO Carl Russo and a shine to Calix's ongoing transition from hardware vendor to a provider of platforms enabled by cloud, APIs and subscriber experience.
Looking to curtail e-waste and improve the bottom line, BT will require customers to return routers and set-top boxes, although subscribers will not have to pay a fee when they receive regular broadband equipment.
The industry standards organization is looking to ease operator pain from residential WiFi, while it also sees initiatives in connected home and other projects bear fruit.
Deploying DOCSIS 3.1 across its entire footprint gave Rogers Communications the ability to offer speeds of up to 1 Gbit/s,
contributing to a broadband segement that generated about 60% of the Canadian operator's $3.05 billion (US) in Q4 cable earnings.
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