Article: Poland : Poland s Polkomtel 2Q Net Profit -9.1% On Price Erosion.(Financial report)

Byline: manish03

Polish mobile operator Polkomtel SA's second-quarter net profit totaled PLN378.9 million, down 9.1% from a year earlier due to the domestic regulator-imposed erosion of mobile termination rates, the company said Thursday.

Polkomtel's total revenue was at PLN2.04 billion in the second quarter, down 2.6%.

Earnings before interest, taxes, depreciation and amortization, or Ebitda, totaled PLN814.2 million in the second quarter, down 5.8% from a year earlier.

At the end of June, Polkomtel had 6.702 million higher-paying contractual users, up 9% on year, thanks to the introduction of new promotional offers. The company also ...

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