Dialog Telefonia nets a 90% stake in Vivid.pl
The firm paid zł.2.15 million for 90% of shares. A part of this sum will be spent on paying off Vivid.pl's liabilities. TD invested in Vivid.pl because it thinks that investing in a well-known internet shop is a good way to gain new clients. Vivid.pl offers books, cds, software, movies, etc., online and the popularity of such services is increasing in Poland. TD feels that making telephone and internet services available in one place, along with the option to buy related equipment, will meet with interest from clients. TD is one of the biggest independent telephone operators in Poland, with over 450,000 subscribers. In H1 2006, the company posted zł.250.2 million in revenue and zł.31.5 million in net profit. (Parkiet, October 21-22, p.6) M.M.