The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

Mobile firm PTC to change brand into T-Mobile probably in Q2/2007.

Mobile firm PTC to change brand into T-Mobile probably in Q2/2007. Polska Telefonia Cyfrowa ( PTC ) will replace its main brand Era with Deutsche Telekom’s T-Mobile most likely already in Q2/2007, PTC ’s CEO Klaus Hartmann said during the weekend meeting with journalists. Hartmann said that licence fees for this brand would be much lower than 1.5% of annual revenue paid by PTK Centertel for France Telecom’s Orange brand name. This year, PTC is to earmark 15% of its revenue for investments in, among others, UMTS technology and sales network expansion, he added. Deutsche Telekom, which now holds 97% in PTC , also expects the firm to start paying dividend as of this year’s profit, Hartmann added. The CEO announced that he had been presented with a goal to post 2007 revenue of EUR 1.7bn and EBITDA of EUR 500mn. Until the end of 2006, PTC is likely to hover around 12mn customers, he concluded. ISB, tom

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree