TP SA has to pay a pretty penny to use FT's logo

Telekomunikacja Polska SA will have to pay as much as 0.06% of its annual income for the right to use the logo of its main investor, France Telecom (which owns 33.93% of TP SA's stock), despite the fact that the logo was not known before in Poland. However, recently TP SA president Marek Józefiak told the press that the introduction of the new logo and the stylized "&" sign, will not result in new costs for the company. With annual income of about zł.14.2 billion, the operator will have to pay about zł.8.5 million a year, or even more if the logo is used by its subsidiaries: PTK Centertel, TP Internet, Incenti (IT outsourcing) and TP Ditel (phonebook publisher). (Puls Biznesu, p. 10) D.W.