- „This transaction is a strategic decision which shall render relative business and operating benefits for both companies. Mediatel received good price for the business that is not of key importance to its new strategy; on the other hand ASTER BIZNES significantly expanded its so-far competence on the market of services dedicated to institutional clients. Our present transactions allow us to focus on those areas of the telecommunications market that are of top priority to us, that is the areas connected with wholesale services, resale services and outsourcing services. Simultaneously with the conclusion of the contract for the sale of assets of Mediatel 4B, we also signed with ASTER BIZNES, a service agreement, which is a good sign for prospective cooperation between the two companies." - stated Mr Marcin Kubit, the President of the Management Board of Mediatel S.A.

 

ASTER BIZNES, the department dealing with business clients in ASTER renders the services on the markets in Warsaw, Cracow and Zielona Góra. Acquisition of shares of Mediatel 4B shall allow ASTER BIZNES for the expansion of its offer to business clients all over the country.

 

All the calls generated between the users of FreecoNet are free of charge, calls to numbers not registered on the platform are redirected to TelArena - that is the operators exchange where independent suppliers of telecommunications services compete for operating a given call. The automated system selects the best price rate, therefore the cheapest option gets selected. Mediatel, because of its particularly attractive prices for international calls, shall contribute to the toughening of the price competition between the operators in this segment.

- „First quarter of the current year, as we had envisaged, was weaker in comparison to the previous reporting periods. After 8 quarters of dynamic increase and generation of positive financial results, the last quarter brought a decline, as prior assumed. The obtained result was mainly affected by a decline in margins with regard to wholesale operations connected with the launch of the termination services of international calls onto the market. The activities aimed at the attraction of possibly the largest number of clients interested in such services. Further, creating provisions for financing the liabilities also adversely affected the results obtained in the first quarter of the year." - says Mr Marcin Kubit, the President of the Management Board of Mediatel S.A.

 

The strategy of the Company was modified. It is assumed that in 2010 Mediatel Group shall focus mainly on the expansion of wholesale operations connected with the operation of international telephone calls. Moreover, the strategy assumes the extension of the infrastructure platform necessary for offering solutions to business entities interested in the provision of services on the telecommunications market and having no own infrastructure.

 

- „In the first quarter of the year our business activity aimed at strengthening of our position on the market of international services. We have implemented system and software solutions which now allow us to render the services of international calls termination to all our partners. " - adds Mr Marcin Kubit.

INEA S.A. and Mediatel S.A. are working out the principles of cooperation over the new project. The innovative concept assumes the optimum use of the potentials of the two companies. Involvement of INEA S.A. in the expansion of the infrastructure in Wielkopolska will allow in future for a more attractive offer of the operator as the provider of integrated telecommunications services comprising analogue television, digital television, broadband access to the Internet, landline and mobile telephony.