Netia boss says more customers and lower costs means big profits

The telecom has for the third time recorded the EBITDA margin above 35%, which was a target set for 2008. "We show good profitability thanks to an increase in the share of corporate clients and lowering costs, mainly employment," Mądalski revealed. Netia has submitted an offer to purchase Telefonia Dialog from KGHM, but the date for closing the tender has once again been postponed, this time until November 15. It is also still considering the purchase of Exatel, which is controlled by the National Grid (PSE). Another project envisages partaking in the tender to enter the mobile phone sector, but here Netia is seeking a partner. If these projects fail to come off, company managers will decide on a dividend pay out. (Puls Biznesu, p. 9) A.K.