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It's good to talk

Eighty percent of the company's revenue still comes from advertising, although the company is offering voice over internet telephony (VoIP) services. "We would like advertising and telecom services to provide similar shares of our revenue," Gadu-gadu's president, Krzysztof Szalwa, told Puls Biznesu. He added that he sees telecom services developing faster than advertising.

The company is providing these services through its own VoIP platform and has 50,000 users.

It also plans to provide telecom services through phones and not only the internet. Szalwa said it is only a matter of formalities as the technical side is ready for operation.

In the long term, the company plans to sell internet as well as mobile telephony services under its own brand.  Recently it also launched an internet radio station.

Gadu-gadu had revenues of zł.8.3 million in 2005. This represents a 51-percent growth on 2004's result. The company's net profit was relatively high in comparison to revenue, reaching zł.3.3 million - also growing by more than 50 percent year-on-year.

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