U.S. fund to back E-Internets' wireless network
E-internets, a winner of the Office for Telecommunications and Post Regulations' (URTiP) tender for the 3.6-3.8 Ghz frequency to build a wireless telecom network, revealed some of its future plans. Dariusz Górecki, one of two shareholders and company deputy president, announced that a large American venture capital fund will increase his concern's capital in the second half of August. E-internets' strategy will be to supply broadband Internet access to individual clients. "We will aim our offer at the average man in the street and will target the 50 largest urban areas by the end of 2005 or by 2006 at the latest," said Górecki. He was unwilling to reveal the size of their investments due to what he called, “the ever vigilant competition”. The company's infrastructure will be supplied by a telecoms sector U.S. company. Apart from other costs, E-internets will need zł.5.6 million for the frequency booking fee to start their operations. (Puls Biznesu, p. 4) D.W.