PTC breaks thought the 8 million subscriber mark

The company's representatives stated PTC won 50% of all new mobile phone users so far this year. PTC's Q3 revenues increased by 13% to zł.1.7 billion and its EBITDA for the same period rose by 14% and totaled zł.750 million as compared to Q3 2003. The results are mostly due to the decreasing costs of attracting new customers and lower debt servicing costs. The company announced it expects to post sales revenues of zł.6.2-6.3 billion and EBITDA of as mush as zł.2.7 billion for 2004 as a whole. "We will reinvest the earnings in expanding our telecom and IT infrastructure and launching cheaper services," stated Jonathan Eastick, the PTC's financial director. (Parkiet, p. 4; Puls Biznesu, p. 6) E.B.