WARSAW--Poland's Telekomunikacja Polska SA (TPS.WA), a unit of France's Orange (ORA.FR), reported a 22% drop in the third-quarter net profit on declining revenue and a continuing price war in the mobile segment.
The net profit for June-August period reached 239 million zlotys ($78.3 million), as a deep cost-cutting process partially offset negative trends for the telecom company.
Revenue dropped to PLN3.2 billion from PLN3.5 billion a year earlier.
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(END) Dow Jones Newswires
October 22, 2013 01:57 ET (05:57 GMT)Copyright (c) 2013 Dow Jones & Company, Inc.
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