Poland's Orange unit sees market declining by "low single digits" in H2

WARSAW, April 25 Fri Apr 25, 2014 8:43am EDT

WARSAW, April 25 (Reuters) - Poland's telecoms market is likely to shrink by "low single digits" in annual term in the second half of the year, the chief executive of the Polish unit of France's Orange, Bruno Duthoit, said on Friday.

Talking to reporters the company's Chief Financial Officer Maciej Nowohonski added that the Polish unit of Orange, Orange Polska, plans to refinace loans worth 3 billion zlotys ($987.57 million) in May.

($1 = 3.0377 Polish Zlotys) (Reporting by Adrian Krajewski; Writing by Marcin Goettig; Editing by Marcin Goclowski)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.