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27 September 2007

Netia increases the number of its broadband customers acquiring another Internet service provider

Lanet Sp. z o.o. with its seat in Wrocław, Netia’s subsidiary since June 2007, purchased Akron Sp. z o.o. with its seat in Wrocław for the total price of PLN 800,000.

Arkon is a service provider offering broadband Internet access to residential clients in the city of Wrocław. The company is using FastEthernet technology, which allows for transmission speed of up to 100 Mb/s. As of September 25, 2007, Akron’s network provided broadband access to 1,151 clients, with approximately 5,000 households passed.

“The acquisition represents yet another step in execution of Netia’s strategy aimed at acquiring 1 million broadband customers over the next three years, including consolidation of local Ethernet networks. The earlier acquisition of three Internet service providers, allowed Netia to expand dynamically its broadband customer base in the cities of Wrocław, Poznań and Legnica, and the recent acquisition was effected using local knowledge of Lanet’s management team”, said Mirosław Godlewski, CEO of Netia.