Tetra system to be financed from offset projects

According to Prokom, the construction of the Tetra telecommunication system will cost $700 million. "Revenues received from offset projects will allow IT companies to only finance fixed costs," said Leszek Ciećwierz, Deputy Interior Minister, in charge of projects Tetra and C-2. The Tetra telecommunication system has to meet two main requirements, especially in terms of high-speed transfer, and systems integration. The system will be based on Motorola technology, which will be assembled by Gdynia-based Radmor, while according to Dariusz Górka, Prokom's financial director, the partnership that will create the Tetra system will comprise of Motorola, Tel-Energo, Prokom and ComputerLand. Deutsche Bank analysts believe that the project will be financed by commercial loans guaranteed by the government. (Rzeczpospolita, May 31-June 1, p. B5) M.M.