NOM is losing money and its market share

NOM, one of the independent telecom operators, closed last year with revenues amounting to zł.38 million a 70% fall as compared to its 2002 figure. Representatives of the company refused to make an official statement, but according to information available, the firm posted a positive EBITDA result in April 2004 and it should close the year with a positive net figure. However, NOM is losing its market share of the profitable inter-city and international calls segments. The management blames the worsening situation on the fact that it only provides services to people with whom it has signed a contract, but it seems unable to compete even with other independent operators. The situation is further complicated by the ownership structure of the company. "We would like to take full control NOM and achieve the highest possible synergies," said Tel-Energo’s spokesman Marcin Gruszka. (Puls Biznesu, pp. 1, 5) M.M.