Privatization process of the telecommunications industry in Poland and the financial position of the Orange Group Cover Image

Prywatyzacja branży telekomunikacyjnej w Polsce a sytuacja finansowa Grupy Orange
Privatization process of the telecommunications industry in Poland and the financial position of the Orange Group

Author(s): Maciej Zygadlewicz
Subject(s): Economy, National Economy
Published by: Instytut Badań Gospodarczych
Keywords: privatization of TP SA; liberalization of the telecommunications industry; Orange Polska Capital Group; financial analysis; technical-economic analysis

Summary/Abstract: Motivation: Telekomunikacja Polska SA (hereafter TP SA) for many years had a monopoly position in the telecommunications industry in Poland. The company’s privatization process began in 1998, accompanied by changes in the telecommunications industry, towards its greater liberalization. The start-up of new operators has increased the level of competition. Services were becoming cheaper for consumers, companies started offering bundled ser-vices, and new telecommunications technologies were developing very quickly. The trans-formations that took place in the telecommunication industry had a significant impact on the changes in the financial position of the Orange Polska Capital Group (hereinafter the Orange Group). In the subject literature, there is a lack of interpretation of the relationship be-tween the privatization process taking place on the telecommunications industry and the financial position of its former monopolist. The desire to show this relationship is the main motive for selection of the subject of this article. Aim: The aim of this article is to demon-strate the relationship between the privatization of TP SA and the financial situation of the Orange Group. The research was conducted using financial and technical-economic analysis. The empirical material is the reports of the Orange Group. Results: The analysis of the Orange Group’s financial results in the audited period showed that the privatization of TP SA had a negative impact on the financial position of the Orange Group.

  • Issue Year: 2/2017
  • Issue No: 2
  • Page Range: 105-129
  • Page Count: 25
  • Language: Polish