Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Cordiant Digital wins nationwide tender for Polskie Radio

(Sharecast News) - Digital infrastructure investor Cordiant Digital Infrastructure revealed on Wednesday that its Polish portfolio company has won a nationwide tender to extend digital broadcast coverage to 17 regional radio stations for Polskie Radio. Cordiant said Emitel will extend the existing coverage of DAB+ digital signal for the state broadcaster from 67% to 88% of Poland's households.

The London-listed firm noted that the contract runs until the third quarter of 2027 and has a gross value of PLN 59.5m (£12.0m), with revenues index-linked to inflation.

Cording added that the contract was a continuation of an existing one held by Emitel and would result in further investments in the expansion of DAB+ coverage, which were expected to lead to "incremental extra revenues "for Emitel.

As of 0930 GMT, Cordiant Digital shares were flat at 67.70p.

Reporting by Iain Gilbert at Sharecast.com

Share this article

Related Sharecast Articles

On the Beach warns of 'challenging' value trading, on track for 'record summer'
(Sharecast News) - Online travel agency On the Beach warned that trading in the package holidays market had been "challenging" but still said it expects to deliver "a record summer" in terms of bookings.
Marston's delivers 'strong' LFL sales growth in H1, sees busy summer ahead
(Sharecast News) - Brewing company Marston's said on Tuesday that it had delivered "strong" like-for-like sales growth in H1, driving "good growth" in pub operating profits.
Mothercare shares slide as group enters refinancing negotiations
(Sharecast News) - Retailer Mothercare shares nosedived in early trading as the group revealed it had entered refinancing negotiations as demand for its products continued to be subdued.
Rathbones Group makes 'positive start' to FY24
(Sharecast News) - Wealth manager Rathbones said on Thursday that it had made a "positive start" to FY24, partly due to its merger with Investec Wealth & Investment back in 2023.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.