TPSA H1 net profit falls 51 pct, beats forecasts
Poland's largest phone operator TPSA reported a smaller than expected 51-percent net profit fall in the first half of 2009 on Wednesday because of mandated cuts in mobile tariffs and economic slowdown.
The France Telecom unit earned 702 million zlotys ($241 million) in the first six months of the year versus 675 million expected in a Reuters poll. Sales fell 6 percent to 8.5 billion zlotys compared to 8.53 billion seen by analysts.
(Reporting by Adrian Krajewski)
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