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The Warsaw Voice » Business » May 28, 2014
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Telekom’s 2013 profits up nearly 90pct y/y
May 28, 2014   
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TK Telekom telco, a unit of railway group PKP to be divested this year to a strategic investor, sported a PLN 5.8 million net profit in 2013, up from PLN 3.1 million in 2012 and plans to record a PLN 7.7 million profit in 2014, the firm said in a statement.

"Despite a difficult situation on the telecom market and strong price erosion, the firm's financial results improved visibly thanks to restructuring effort," TK Telekom CEO Michal Hamryszak said as quoted in the statement. "The firm recorded a profitability improvement on all levels of operations."

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