Netia looks for ways to spend its surplus zł.293 million

Up to zł.100 million will be devoted to the development of WiMax, a broadband internet connection. The money will be spent on infrastructure and operational costs. By the end of the year, Netia wants to have over 100 stations, which will help to implement the service in several dozen cities. Zł.60 million will be spent on P4, the mobile phone operator. "P4 will not be profitable for a couple of years to come. At the operational level P4 and Netia are two different companies and the synergy will prove to be beneficial in the long run" said Jon Eastick, Netia's board member and P4's deputy president. Another zł.50 million will be allocated for dividend payments. The remaining zł.83 million will be probably spent on acquisitions. It is said that the company is considering buying Dialog or Pro-Futuro. (Puls Biznesu, p. 1, 4) M.K.