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No 'critical mass' in Warsaw forces Sferia to launch in other cities

"The investment was necessary to improve company's financial situation and carry out the development plan," said Jacek Szymoński, the owner of Sferia. The company decided to launch services in other towns due to the fact that it is finding it hard to obtain a 'critical mass' of clients in the very competitive Warsaw market. After 3.5 years, Sferia has 36,000 subscribers of its CDMA technology, which is not very popular in Poland and Europe. It has strong conflicts with GSM operators, as it provides similar services but it did not have to pay the licence fees. The company has recently been transformed into a joint-stock company and might enter the bourse in the future. "Such an option is possible, but it will not be achieved in the short-run," said Szymoński. (Puls Biznesu, pp. 1, 9) M.M.

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