Netia losses grow amid frustration over long-distance telecom agreement
The Netia group made net losses in the first quarter amounting to zl.169.2 m
illion, up from zl.102.9 million in the same period of last year. A
comparison of operational first quarter losses reveals that the figure was
zl.35.6 million, almost double the zl.18.2 million in the first three months
of 2000. The main problem facing Netia is still the lack of any agreement
with Telekomunikacja Polska (TPSA) that would allow it to provide
long-distance telephone services, an area where Netia has invested heavily.
The main shareholder in Netia, Telia AB, has recently announced a series of
changes to the company's management. Three members of Netia's supervisory
board have been removed, including the chairman, Kaj Juul-Pedersen. His
replacement is Jan Jonansson, a member of the Telia board. (Prawo i
Gospodarka, p.11) M.T.
