Locked content Play with PLN 153 mln Q1 net profit

WSE-listed telecom operator Play Communications recorded a consolidated net profit of PLN 152.9 million in Q1, below the PLN 164.7 million consensus and way up by 726 percent y/y (7 percent q/q growth). Operating profit was up to PLN 321.7 million representing a 2.7 percent increase. Adjusted EBITDA...

Locked content Play with PLN 143 mln Q4 net profit

WSE-listed telecom operator Play Communications recorded a consolidated net profit of PLN 142.9 million in Q4 vs. PLN 149.5  million profit a year earlier. Operating profit was slightly down to PLN 360.2 million vs. PLN 360.8 million a year earlier. Adjusted EBITDA increased by 1.6 percent y/y to PL...

Locked content Play signs call option deal for Virgin Mobile Polska

WSE-listed mobile operator Play signed a call option agreement to buy Poland’s biggest mobile virtual network operator (MVNO) Virgin Mobile Polska in 2020, the company said in a market filing. “These agreements give Play, among others, a call option to acquire all shares in VMP during 2020 at ...

Locked content Play with PLN 187 mln Q3 net profit

WSE-listed telecom operator Play Communications recorded a consolidated net profit of PLN 186.9 million in Q3 vs. PLN 386.4  million profit a year earlier. Operating profit was slightly down to PLN 311.3 million vs. PLN 314.4 million the year earlier. Adjusted EBITDA increased 9.3 percent y/y to PLN...

Locked content Play signs infrastructure deal with UPC

WSE-listed telecom Play signed a deal with cable TV operator UPC on cooperation in providing telecommunication services. According to it, Play will act as an infrastructure operator for UPC, which will launch its own mobile services as a virtual operator (MVNO). “The above transaction is in line wit...

Locked content Play with PLN 57.5 mln H1 profit

WSE-listed telecom operator Play Communications recorded a consolidated net profit of PLN 57.5 million in H1 vs. PLN 176.1 million profit a year earlier. Operating profit was down to PLN 435.4 million vs. PLN 615 million the year earlier. EBITDA declined 23.7 percent y/y to PLN 844.6 million in H1. ...

Locked content Play shares to be included in the FTE Global Equity indices

The shares of WSE-listed telecom Play Communications will be included in several FTSE Global Equity indices starting from August 3, FTSE said. “Following the initial public offering for Play Communications SA on Thursday 27 July 2017, Play Communications SA will be a fast entry to the FTSE Global Eq...

Locked content Play reduction rate reaches 81.6%

WSE-bound telecom Play Communications has allotted all 121.5 million shares in the IPO with the average reduction rate reaching 81.6 percent, the company said in a market filing. Play sold nearly 6 million shares to individual and over 115 million shares to institutional investors at PLN 36 apiece, ...

Locked content Play confirms PLN 36 per share IPO price

WSE-bound telecom operator IPO, announced its IPO price at PLN 36 per share, for retail and institutional investors confirming media reports. The price puts the IPO value at PLN 4.4 billion. The company set the final size of the offer at 121.57 million shares, 6.14 million in the retail tranche and ...

Locked content Play to set IPO price at PLN 36 per share – media

According to various media outlets, WSE-bound mobile operator has set its IPO price at PLN 36 apiece. Initially, Play set the price range in its book building process at PLN 34-44 apiece, but narrowed it later to the PLN 36-38 range. The company will float 121.57 million of its existing shares in wh...