Tell telecommunication company plans acquisitions in QI

APA - Austria Presse Agentur
30-12-2005, 14:09

Warsaw (Puls Biznesu) – Tell, the company specializing in selling mobile phones and services for Orange mobile operator, raised PLN 15.4m (EUR 3.9m) in its IPO two months ago. Funds were to be spent on acquisitions. Nothing has happened.

Warsaw (Puls Biznesu) – Tell, the company specializing in selling mobile phones and services for Orange mobile operator, raised PLN 15.4m (EUR 3.9m) in its IPO two months ago. Funds were to be spent on acquisitions. Nothing has happened.

We are working over these projects. We are simultaneously talking to several possible partners, Rafal Stempniewicz, Tell’s CEO said.

The acquisitions should allow the company increase its network from 153 to 250 outlets at the end of next year.

Meanwhile, the company is improving its financial results.

There will be no problem with fulfilling our forecasts, Tell’s CEO said.

The forecasts provided for PLN 120m of sales, or 21 percent more than last year. Net income should triple to PLN 3.2m. Next year, Tell plans PLN 5.5m of net income.

(PLN 1 = EUR 0.259)

 

© ℗
Rozpowszechnianie niniejszego artykułu możliwe jest tylko i wyłącznie zgodnie z postanowieniami „Regulaminu korzystania z artykułów prasowych” i po wcześniejszym uiszczeniu należności, zgodnie z cennikiem.

Podpis: APA - Austria Presse Agentur

Najważniejsze dzisiaj

Polecane

Inspiracje Pulsu Biznesu

Tematy

Puls Biznesu

Inne / Tell telecommunication company plans acquisitions in QI