Tell's H1 results show dramatic turnaround ahead of IPO

These results are better by 46% and 300% respectively as compared to last year. Tell is to announce its full year financial projection within two weeks. Tell is the largest distributor of the Idea operator services on the domestic market. It manages a network of 150 sales outlets across the country offering Idea and TP services. During the first half of 2005, the company managed to sign around 300,000 new prepaid and postpaid contracts. Tell plans to float its shares on the bourse in the fall and thus raise around zł.20 million, declaring to spend 95% of this sum on further development of its sales network. Company representatives reveal they are currently eyeing an acquisition of a potential sector competitor. (Puls Biznesu, p. 8) A.K.