Mobile phone interest to spur TPSA's revenue growth

Telekomunikacja Polska (TPSA) is forecasting significant income growth over the next three years, boosted by its mobile telecoms unit, Centertel. In a statement yesterday TPSA, which is Eastern Europe's largest telecoms c ompany, said it expected group revenues to increase by between 10% and 12% in each of the next three years. According to Zenon Komar, TPSA's head of investor relations, a large part of the revenue growth will be generated by Centertel, whose sales are predicted to grow by 30% annually. "This year Centertel's revenue growth could reach nearly 50%," Komar said. TPSA is predicting that by the end of next year Centertel will have more customers than Polkomtel, which is currently Poland's number two mobile telecoms provider. TPSA plans to expand its fixed-line customer base by 200,000 this year, to reach a total of just under 10.25 million. In the first eight months of this year, the telecoms giant connected around 500,000 new s ubscribers, while 400,000 accounts were closed. (Rzeczpospolita, p. B4; Reuters) P.W.