TP revenues down 2.5%, mobile revenues grow (Poland)France Telecom subsidairy and Polish telecommunications operator Telekomunikacja Polska (TP) reports 2.5 percent lower revenues for the nine months of this year compared with the same period in 2006 to PLN 13.59 billion. The decrease was caused by a 8.2 percent decrease in fixed telephony revenues to PLN 8.199 billion, allthough a 6.2 percent increase in mobile revenues to PLN 5.94 billion almost off-set the decrease. TP’s Gross Operating Margin (GOM) decreased by 6.8 percent to PLN 5.77 billion for the first nine months of this year. The net profit attributable to equity holders of TP decreased by 3.3 percent year-on-year to PLN 1.657 billion. Mr. Maciej Witucki, President of the Board and CEO, said that the results were once more affected by the consequences of regulatory changes. TP’s broadband customer base has grown by 31.4 percent year-on-year to 2.043 million users in line with the expectations, while TP’s mobile customer base (using the Orange brand) grow by 14.9 percent since the beginning of this year to 13.487 million also in line with the expectations. TP’s fixed line base including wholesale line rental customers decreased to 9.658 driven by a steady decline of PSTN and ISDN 2+ customers, which could not be off-set by WLR and ISDN 30+ additions.
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