How will TelForceOne use its new network?

The company signed a letter of intent on Monday concerning the acquisition of 70 outlets located, among others, in hipermarkets. "The network has a strong position in the GSM segment. The stores are evenly distributed throughout the country and they are financially effective," said Wieslaw Zywicki, deputy president of TelForceOne. The company will conclude the transaction at the latest by the end of September, but it is also looking for new interesting ventures. One of them is apparently signing a contract with one of the mobile phone operators to provide mobile services. "Taking over the network will allow a faster expansion of the distribution network," said Zywicki. Thanks to the transaction the firm might increase its annual forecast of zl.9.2 million of net profits in 2007. (Parkiet, p. 8) M.M.