TP Group reports 2Q profit decline

31 Jul 2007

Telekomunikacja Polska (TP) has reported a 9% drop in second-quarter profit to PLN495 million (USD179 million) from PLN544 million a year earlier. Sales fell 2.9% to PLN4.51 billion. The former phone monopoly said sales will shrink by about 2.8% this year, versus the 1% decline forecast by the company in January. At the end of June TP reported 1.92 million broadband customers, up 506,000 year-on-year, while its wireless arm Orange reported 13.06 million subscribers, giving it a 33.4% share of the market.

Poland, Orange Poland (Telekomunikacja Polska, TP),

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share