An exceptionally good quarter for PTC

Polska Telefonia Cyfrowa (PTC), operator of the Era mobile network, recorded revenues of zł. 1.47 billion at the end of the third quarter, which is a 12.2% increase as compared to the same nine month period in 2002. The operator managed to strengthen its leading position on the market and post a net profit of almost zł. 134 million, in comparison to zł. 77 million in the previous year. "This was an exceptionally good quarter. We managed to combine dynamic development with impressive financial results," said Bogusław Kułakowski, the chairman of PTC's supervisory board. As of end of September the company had 5.8 million customers, which is an increase of 28% as compared to last year. The average cost of gaining a customer fell in the third quarter to zł. 271.9, from zł. 312.3 in the second quarter, however at the same time the average revenue per user fell to zł. 79. (Puls Biznesu, p. 12; Parkiet, p. 3) A.K.