Netia signs framework cooperation agreement with Telefonia Dialog and Elektrim Telekomunikacja
WARSAW, Poland - June 5, 2002 - Netia Holdings S.A. (Nasdaq: NTIAQ, WSE: NET), Poland's largest alternative fixed-line telecommunications services provider, today announced that it has signed a framework co-operation agreement with Telefonia Dialog S.A. and Elektrim Telekomunikacja Sp. z o.o., two other Polish telecommunications companies. In this agreement, the parties expressed an interest in mutual co-operation in the use of owned infrastructure, development of telecom services and the improvement of the Polish telecom regulatory environment. In order to implement the agreed upon co-operation, Netia, Telefonia Dialog S.A. and Elektrim Telekomunikacja Sp. z o.o. will enter into additional detailed agreements.
The framework agreement signed today complements the steps taken previously by Netia and these two companies furthering the development of the Polish telecom market. In February 2002, the parties established the Telecom Operators Section at the National Economic Chamber of Electronics and Telecommunications as a platform for conducting coordinated actions.
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 March 28, 2002, its Current Report on Form 6-K filed with the Commission on April 3, 2002, it Current Reports on Forms 6-K filed with the Commission on May 6, 2002, its Current Report on Form 6-K filed with the Commission on May 7, 2002, its Current Report on Form 6-K filed with the Commission on May 20, 2002, and its Current Report on Form 6-K filed with the Commission on May 24, 2002. The Company undertakes no obligation to publicly update or revise any forward-looking statements.