P4 delays entry to mobile market

The delay is chiefly due to the slow process of obtaining permission for construction of transmission towers. In order to facilitate the company's debut on the market, the Sejm has passed a bill concerning environmental protection regulations, which were P4's biggest obstacle. "The planned changes in the legal system mean that at the beginning of next year we will have 25% of the 1,500 towers we need. This is enough to begin offering commercial services," declared P4's president, Chris Bannister. The telecom, which is owned by publicly listed Netia and the Novator fund, says that its entrance will cause market prices to fall. "In 2007 we hope to reach a 5% share of the new customer market, and we estimate that in 2007 operators will connect 8-10 million new customers. We want a significant market share and that is why we will significantly lower our prices," added Bannister. (Puls Biznesu, pp.1, 6) A.K.