Tele2 aims for a market share of 20%

The Polish subsidiary of Sweden's telecom operator, Tele2, which has been rapidly expanding its market share over the past year, still remains mysterious to industry analysts. Since the beginning of its operations, company representatives have repeatedly declined from announcing its financial results or publicizing its plans for the future. Puls Biznesu revealed that Tele2 recorded a net 2003 loss of zł.93.7 million on revenues of zł.42.4 million. According to TP SA's data in March this year, Tele2 had a 6.4% share of the market for long-distance calls and 10.8% of international calls. Fredrik de Lerigon, Tele2 president, announced that the operator plans to corner between 15-20% of the whole telecom market. He added that Tele2 expects to become a fourth mobile phone operator and raising around EUR 1-1.5 billion to build its own mobile network is not a problem. (Puls Biznesu, pp. 1, 4) A.K.