Polkomotel looks to boost its value ahead of WSE debut

Before the floatation it should be the most valuable company on the market. "This is a costly strategy aimed only at a bourse debut. Becoming a mass market provider may both benefit and hurt the operator. It may damage the image of Polkomtel as a supplier of services for the business sector," said one analyst. According to market rumors, company shareholders might resign from a 2004 dividend pay out, as the operator has large investment needs. "In 2005 our 3G network will cover 5-6 urban agglomerations, but we do not intend to compete at all costs with our competitors," said Mirosław Bielicki, deputy president of Polkomtel. (Puls Biznesu, pp. 1, 8) M.M.