Polish mobile telephony operator Polkomtel ups client base, cuts revenue in 2014

By bne IntelliNews February 28, 2014

Polkomtel, the operator of Poland's mobile telephony network Plus, saw its total customer base up to 14.13mn at the end of 2013 from 13.84mn a year earlier. At the same time, it remained the market leader in terms of the number of contracted subscribers (28%). In 2013, its revenue dropped by 6% y/y to PLN 6.68bn.
At the end of last year, the number of its post-paid customers was 7.40mn (incl. 0.75mn of mobile broadband users) vs. 7.44mn a year earlier (incl. 061mn of mobile internet); the number of pre-paid customers was 6.73mn vs. 6.40mn, respectively, according to the data presented by DTH operator Cyfrowy, which is in the process of taking over Polkomtel.
The firm noted that improving technology and increasing reach of our data services (with LTE) support rapid take of devices and a fast growing active user base. The share of smartphones in all handsets sold by Polkomtel reached 74% in Q4 of 2013 (and was 67% in the whole of 2013 vs. 59% a year earlier).
In 2013, Polkomtel reported cash flow of PLN 2,255mn (up by 9% y/y) and EBITDA of PLN 2,858mn (up by 2%), which translated into EBITDA margin of 42.8% (up by 3.6pps), as Polkomtel itself reported.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EU, Uzbekistan forge partnership aiming to pave way for critical raw material supplies

The European Union on April 5 signed a memorandum of understanding (MoU) with Uzbekistan ... more

Brand Finance releases ranking of Uzbekistan's Top 20 most valuable brands

London-headquartered brand valuation consultancy Brand Finance has released its latest list of the 20 most valuable domestic brands in Uzbekistan. Leading the pack is Uztelecom, with a brand ... more

Kazakhstan and Uzbekistan’s combined IT exports surpass $800mn

Kazakhstan and Uzbekistan’s combined IT exports surpassed $800mn in 2023. The Kazakh IT sector's export revenue jumped from $50mn in 2020 to over $500mn last year. Astana Hub was a major ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    7 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    8 days ago
  4. Don't mention the "D" word - Ukraine
    5 days ago
  5. UBN: The US Needs to Wake Up
    6 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    25 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    30 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    28 days ago
  5. Saudi Arabia to scale back plans for Neom city
    15 days ago

Reports

Dismiss