Swedish TELE2 to invest $50 million in radio Internet

Sweden-based telecommunications operator TELE2 intends to invest $50 million in Poland within three years. The company seeks to expand its radio Internet transmission and its Voice over Internet Protocol (VoIP). Thus far combined Swedish investment in Poland has totalled roughly $10 million. TELE2 currently offers wireless Internet connection in several Polish cities. According to TELE2 president Fredrik Nilsson, Poland is a very important market for TELE2 on account of its size as well as its geographical location. TELE2 belongs to the Sweden-based NETCOM concern and operates in 18 European countries.(Gazeta Wyborcza, p. 21)