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Polish TPSA CEO: Level Of 2007 Revenue Difficult To Predict
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WARSAW -(Dow Jones)- Polish telecommunications operator Telekomunikacja Polska hasn't changed its full-year forecast for revenue to fall by 1.0% this year but has said the level of sales was difficult to predict.
That was because sales revenue were determined not only by the market but also by the telecom market regulator, company Chief Executive Maciej Witucki told reporters Monday.
TPSA was recently fined PLN339 million ($113 million) by the Polish telecom market regulator for excessive Internet access fees.
However, the company said that it won't set aside provisions for the fine, which it considers groundless, and has appealed.
Presenting the company's new strategy for the next three years, Witucki said it's ready for possible acquisitions and is looking for potential targets.
Witucki said that in its new strategy TPSA will focus on quality, aggressive sales and customer needs, combined with sustained profitability.
TPSA will continue integrating some operations of its fixed-line and mobile units, Witucki said. These will be marketing and sales, information technology systems and customer service.
Witucki confirmed speculation in the local press that the head of mobile arm Centertel, Jean-Marc Vignolles, will be replaced by Grazyna Piotrowska-Oliwa.
-By Malgorzata Halaba, Dow Jones Newswires; +4822 622-2766; malgorzata.halaba@dowjones.com
(END) Dow Jones Newswires"
Tags: [telekomunikacja polska]
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