Intel gets wind of Wind Telecom and buys itself a stake

"The investment is related to the close future, when all computers will be communicating with each other," said John Davies, Intel's deputy president yesterday. Neither representatives of Intel nor of the two investment funds, Amro Renaissance Capital and European Renaissance Capital II, that have also put money into Wind Telecom, would reveal the financial conditions behind the transaction, although Intel's Marcin Hejko did say, "In such cases, Intel buys stakes no larger than 15%." Wind Telecom expects revenues of zł.20 million this year. (Rzeczpospolita, p. B4) M.M.