TPSA sees TV base grow, but hit by profit dip

Polish telco TPSA grew its TV subscriber base by 11% in 2012 to end the year with 706,636 customers. The company’s retail broadband base remained flat at 2.345 million. Fixed segment revenues fell by 3.2% to PLN7.836 billion (€1.88 billion).

TPSA’s overall profit was down on expectations thanks in part to a decline in average mobile revenues, with expectations of lower sales for this year, leading the operator to announce a reduction in investments and its dividend.