Netia had PLN 1.6bn in revenues in Q1-Q3 2012

Netia, the largest alternative fixed-line telephony provider in Poland, gained revenues of PLN 1.6bn (€388.2m) in the first nine months of 2012, a year-on-year increase of 34%. The company’s consolidated EBITDA increased by 49% on a yearly basis in Q1-Q3 2012, amounting to PLN 446.6m (€108.4m). After the first nine months of 2012, Netia recorded a net profit of PLN 21.2m (€5.1m) against the net profit of PLN 14.5m (€3.5m) in the corresponding period of the prior year.

The number of services (RGUs) increased by 65,000 year on year, reaching 2.73 million at the end of September 2012, compared to 2.79 million on 30 June 2012 and to 2.77 million at the end of Q3 2012. The operator explained the decrease in RGU’s by the rapidly decreasing number of fixed-line voice services and fiercer competition seen on the country’s slowing down telecommunication market.

Netia targets sales revenues of PLN 1.95bn (€473.1m) over the course of 2013.