Netia expands its service portfolio to business customers with the launch of Intelligent Network services
WARSAW, Poland - February 11, 2002 - Netia Holdings S.A. (Nasdaq: NTIA, WSE: NET) today announced the launch of Intelligent Network (IN), a new free-phone and split-charge service offering, to extend and supplement the present services available to business customers.
The free-phone service ("800" service) and the split-charge service ("801" service) are designed to enable business organizations that subscribe to those services to strengthen relationships with their current and potential/prospective customers.
The "800" service allows end-customers to make calls free of charge, with the total cost of the call being borne by the company which has subscribed to the service. In the case of the "801" service, the total cost of a call for the end-customer would equal one pulse charge while the remaining costs would be covered by the subscribing company.
Both services are subject to a flat fee charge, regardless of the distance and time of the day. In addition, the "800" service offers the first five seconds for free on each call, which allows the subscribing company to eliminate accidental connections.
The installation fee for either service is PLN 122 (net of VAT), with a monthly fee of PLN 40 (net of VAT). The flat fee per minute is PLN 0.35 (net of VAT) for an "800" service call and PLN 0.33 (net of VAT) for an "801" service call.
Netia is the first domestic long distance operator among three competitors to the incumbent TP S.A. to launch the IN services. Both services will be available nationwide to Netia and TP S.A. end-customers.
Netia is the leading alternative fixed-line telecommunications provider in Poland. Netia provides a broad range of telecommunications services including voice, data and Internet-access and commercial network services. Netia's American Depositary Shares ("ADSs") are listed on the Nasdaq National Market (NTIA), and the Company's ordinary shares are listed on the Warsaw Stock Exchange. Netia owns, operates and continues to build a state-of-the-art fiber-optic network that, as at September 30, 2001, had connected 343,634 active subscriber lines, including 93,713 business lines. Netia currently provides voice telephone services in 24 territories throughout Poland, including in six of Poland's ten largest cities.
Some of the information contained in this news release contains forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. For a more detailed description of these risks and factors, please see the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F filed with the Commission on April 30, 2001, its Current Report on Form 6-K filed with the Commission on May 15, 2001, its Current Report on Form 6-K filed with the Commission on August 7, 2001, its Current Report on Form 6-K filed with the Commission on November 6, 2001, and its Current Report on Form 6-K filed with the Commission on January 18, 2002. The Company undertakes no obligation to publicly update or revise any forward-looking statements.