Liberty Poland hopes to stay ahead of its rivals via IPO

This would be the third distributor on the bourse, after Tell and Eurotel. According to Liberty's president and co-owner Wieslaw Wisniewski, revenues of the company amounted to zl.450 million in 2006, while EBITDA - zl.10 million. He would not reveal the value of last year's profits, but hopes that the market will value the company at zl.100-150 million. The CEO said that the network of the firms outlets would expand from 156 stores to 300-350 over 2007. Its competitors, Tell and Eurotel, currently own roughly the same number of outlets, but are trying to carry out acquisitions to increase the number of owned stores. (Parkiet, p.5) M.M.