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)