Polkomtel and PTC announce their Q1 results

The competitive landscape remained intact in Q1 with Orange holding on to its top position on all key indicators. Polkomtel had revenues of zł.2.03 billion, up 10.9% on a year ago, whereas PTC reported a 8.2% increase in sales to zł.1.88 billion.

Orange is the leader with Q1 sales revenues of zł.2.09 billion.

In terms of profitability, Polkomtel reported EBITDA up 18% on a year ago to zł.356.7 million, while PTC earned an EBITDA of zł.657 million. This compares to zł.813 million at Orange.

In terms of number of users, Polkomtel was the only top three player to see a net inflow of users compared to a year ago. However, at 13.5 million, its user base is still smaller than that of Orange, which now has 14 million users after a slight yoy fall in Q1.

PTC came third again with just under 13 million users at the end of March. Polkomtel is aiming to overtake Orange to become the largest operator by users by the end of the year, whereas PTC wants to regain the top spot in terms of sales revenue by 2009. (Puls Biznesu, p. 6) R.M.