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06 December 2007

Netia acquires another Internet service provider

Netia SA, through its subsidiary Internetia Sp.z o.o., purchased Systemy Informatyczne Netis Sp. z o.o. (Netis) with its seat in Jastrzębie Zdrój.

Netis is a service provider offering broadband Internet access to residential clients in the town of Jastrzębie Zdrój in the Silesian region of Southern Poland. The company is using FastEthernet technology, which allows for transmission speed of up to 100 Mb/s. As of November 27, 2007, Netis’ network provided broadband access to 4,447 clients, with approximately 16,100 households passed.

The assets were acquired from Internetia’s own resources for the total price of PLN 4.0 million and constitute an investment of a long-term nature.

“The acquisition represents yet another step of execution of Netia’s strategy aimed at acquiring 1 million broadband customers over the next three years, including consolidation of local Ethernet networks. For the current year, Netia plans to acquire over 210,000 broadband clients, thus becoming the largest alternative telecommunications provider of broadband services in Poland”, said Mirosław Godlewski, CEO of Netia.