Internet operator Pro Futuro's losses are lessening

Pro Futuro, a telecom operator, owned by the national investment fund NFI Jupiter, is gradually improving its financial results. This year it plans to sell services worth zł.50 million and post a net loss of zł.7.5 million but generate an EBITDA of zł.5 million. "The preliminary plans for 2004 assumed a net loss of over zł.10 million and EBITDA of zł.2.8 million. But we are doing much better than we had expected," stated the Pro Futuro president Jarosław Plisz. Pro Futuro mainly offers access to the Internet for businesses and the data transmission services. However, the operator sells an increasing number of services to local intranet networks and small operators. It is also trying to expand the radio networks in cities where it already operates, like Warsaw, Łódź and Sosnowiec. (Puls Biznesu, p.8) E.B.