PTK Centertel posts excellent Q1 results

The company's management board estimates that it controls 32% of the market. Centertel also posted zł.381 million EBITDA and a zł.179 million operating profit. According to analysts, Q1 2004 may be the last quarter with such good results, as soon the impact of the Heyah network on the pre-paid mobile phones market will be felt. Marcin Marczak, DI BRE's telecommunications sector analyst, claims that if Centertel wants to maintain its market position, it will have to lower its prices which in turn will impact on the company's revenues. (Puls Biznesu, p. 11; Parkiet p. 5) E.B.