TP SA's strategy slammed before details are released

After Telekomunikacja Polska S.A. (TP SA) president Pawel Rzepka revealed to the public a rough outline of the company's new investment strategy last week, Raiffeisen Zentralbank analysts deemed it risky, while other in vestment banks have not expressed this view. TP SA management will present details of the strategy today in London in the first such presentation since France Telecom became the strategic investor in the company. Based on the outline of the plan, Raiffeisen Zentralbank analyst Bob Creamer said TP SA's strategy is risky, as it intends to spend most of its zl.27 billion planned investments on data transmission and Internet activities. However, other analysts believe that Rzepka never in fact said that this segment of TP SA's activities would increase the most in value over the coming years. Dimitri Ioudine from the London office of BNP Paribas also pointed out that it is premature to evaluate TP SA's strategy before its details are announced. (Puls Biznesu, p.22)