What lies ahead for Telecom companies in 2004?

"With the first type of investors I do not expect a substantial investment growth in 2004 due to a crisis which the sector has gone through. The situa tion is likely to substantially improve in 2005," claims Jonscher. However, the chance might also be perceived, as a threat to local players. If the la rgest companies decide to enter Poland, then Polish firms should take into account that they might be taken over and lose their local identity. Howeve r, this will result in growing competition, likely to push weaker enterpris es out of the market. "I believe that under the pressure of EU institutions, TPSA will have to act according to the rules of competition," said Charles Jonscher. In his opinion, the most important event of 2004 will be ownership changes in Polkomtel, owner of Plus GSM mobile operator. (Puls Biznesu, pp. 1, 9) M.M.