PTC passes the 10-million mark

Polska Telefonia Cyfrowa (PTC) - the operator of Era and Heyah - has reported a record net profit of zł.1.154 billion in 2005, which was a 20-percent increase in comparison with 2004. Revenues from sales increased by four percent in relation to the previous year, reaching the level of zł.6.719 billion.

Following a weak start, net profits grew steadily through each quarter and in Q4 were higher by as much as 58 percent than in the same period of 2004.

The company underlines that the record results were achieved despite a number of obstacles, including "a relatively high saturation of the market with mobile phones, a highly competitive mobile operators' market and a consistent lowering of charges for calls."

By the end of last year PTC had 10.2 million customers, which is 18 percent more than 12 months earlier, when it provided services to 8.629 million people. PTC holds the top spot in the Polish mobile market with a 35.1-percent share of the subscription market.