Telekomunikacja Polska (TP) saw net profit almost halve to PLN1.03 billion (USD363.3 million) in the first nine months of 2009, on the back of a 7.6% fall in revenue to PLN12.55 billion. The company, which is backed by France Telecom, blamed increased competition and a harsher regulatory environment for the decline in sales. TP has been trying to shift its focus towards broadband internet and television services, and saw a 10.7% increase in broadband revenues during the nine month period ended 30 September 2009. However, fixed line revenues as a whole slipped by 3.9% to PLN7.48 billion while the mobile segment reported a decline of 8.7% to PLN5.86 billion. The latter was impacted by the regulatory reduction of mobile termination rates (MTRs) implemented by the regulator in March and July this year. As a result MTRs were halved compared to the same period of 2008.