Challenging times for Czechtower company
June 19, 2012 09.17 Europe/London By Chris Dziadul
The transition to digital broadcasting, along with a difficult economic climate, has hit the Czech national transmission company CRa financially.
According to E15, its sales fell by CZK185 million (€7.26 million) to CZK2.247 billion last year.
Although CRa has not provided a figure for its profit, it is known to have amounted to CZK141 million in 2010.
Furthermore, its revenues for this year are projected to fall by 11% and not reach last year’s level until sometime in 2015.
CRa operates three of the country’s four DTT multiplexes, with the fourth having recently been acquired by Digital Broadcasting from Telefónica O2.
Digital Broadcasting is expected to emerge as a strong competitor to CRa, offering capacity on its multiplex for 30% less than that charged by CRa for the third multiplex.
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