Polish operator TP revenues down 8.8% in 2009

www.WirelessFederation.com/news: 8.8% drop in the revenues has been reported by Polish incumbent operator Telekomunikacja Polska. The 4.4% decline has been attributed to regulatory decisions. Mobile revenues were down 10.2 percent to PLN 7.745 billion, with a decrease of 9 percent attributed to regulatory decisions.

16.5 percent drop in EBITDA has also been reported which ended at PLN 6.279 billion. Margin squeeze on the market and decreasing ARPU coupled by growing customer volumes and usage decreased the percentage points from 3.5 percentage points to 37.9 percent.

The EBITDA margin was also hit by cost inflation due to a weaker Polish zloty and rising costs of property and energy.