Ventus awakens to tackle telecommunications

The company also intends to take over Hawe and its subsidiary Fon, and move into the telecommunications sector. Analysts have assessed the value of property of these two companies at zł.200-250 million. "Hawe currently has 1,300 km of modern fiber-optic network," said Marek Rudziński, president of Ventus. "We want to expand it to over 4,000 km and circle the whole country." The company will not only lease the network to external clients, but also offer complex digital services such as triple play. After the it settles on the bourse, tidies up its group and presents actual projects to investors, Ventus plans to launch a zł.100 million share issue in the second half of 2007. (Puls Biznesu, pp. 1, 13) M.M.