Polkomtel revenues slide, tests 150Mbps LTE

4 Dec 2012

Polish cellco Polkomtel has booked revenues of PLN1.791 billion (USD567.23 million) for the three months ended 30 September 2012, a 3.8% drop year-on-year from PLN1.861 billion. Earnings before interest, tax, depreciation and amortisation (EBITDA) also fell, slipping by 3.8% to PLN721 million with an EBITDA margin of 40.3%, unchanged from the previous year. The cellco, which operates under the ‘Plus’ brand, has begun testing 4G Long Term Evolution (LTE) in the 1800MHz band with downlink speeds of up to 150Mbps. Polkomtel ended the quarter with 13.771 million users – compared to 13.763 million at end-June 2012 –having added 19,000 net post-paid users during the three-month period, thanks to its increasing focus on promoting wireless data and smartphone use.

Poland, Plus (Polkomtel)