Technology, Media & Entertainment and Telecommunications
Historically, the companies operating in this sector differed from each other. Nowadays, due to technological changes, these differences have been heavily blurred. Currently, the entities operating on the Polish media market are undergoing a revolution consisting of a change in the form of delivery of media content. The former continuous storage devices are being replaced with other products in digital form. For many entities this is an opportunity that may be key to their existence. The exception are TV stations, where the appropriate accessibility model (satellite, cable, public-access broadcasting) still plays a decisive role.
Polish companies from the IT sector are vulnerable to business cycles. This has to do with the fact that while looking to cut costs companies often focus on limiting their spending on information technology. This threat may be mitigated by stimuli from the government sector. Periodically, this industry in Poland is driven by large state contracts to computerize public administration and state-owned companies.
Polish telecommunications companies have also undergone a technological transformation. Former telephone market monopolies have become innovative companies that offer Internet access, telephony and mobile Internet. These changes were caused not only by new technologies, but also by foreign companies entering the Polish market and increasing competition. Keeping up with rapid changes on the market is a key condition for a company’s success. BDO’s experts provide comprehensive services based on their knowledge of the industry, so that our clients can fulfill their strategic goals in the most effective manner.
BDO’s professional services for the Technology & Entertainment and Telecommunications sector include the following:
- Company valuations,
- Due diligence reviews,
- Business plans,
- Comprehensive advisory on mergers and acquisitions,
- Tax advisory,
- Comprehensive advisory relating to audit and related services,
- Complex accounting services.