10/26/2007

DJ UPDATE: Poland's TPSA Says Revenue Decline Should Stop In 2008

WARSAW (Dow Jones)--The chief executive of Poland's dominant telecom operator Telekomunikacja Polska SA (TPS.WA), Maciej Witucki, said Thursday he hopes the slide in the company's revenue will come to an end next year.
He said he

"That's what should happen," Witucki said. "I hope that the trend (of declining revenues) will stop next year."
On Thursday, TPSA said it posted consolidated revenue of 4.65 billion zloty ($1.83 billion) in the third quarter, down 1.7% on the year. The company maintained its full-year guidance of an expected 2.8% fall in revenue.

Company Web site: www.tp-ir.pl

Source: By Malgorzata Halaba



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