Company Profile

The information below does not constitute any invitation or offer to sell, invest in or trade, nor does it constitute any invitation to place any offer to purchase, invest in or trade the securities. The information presented herein is up to date as on the date of publication. For more information, please contact Investor Relations Centre, tel: (+48 22) 695 90 01-02, e-mail: investor@msp.gov.pl.

Telefony Opalenickie S.A. seated in Opalenica - privatised company

Description of activity

Telefony Opalenickie S.A. (TOSA) is an independent local telephone operator providing telecom services in the following communes of Wielkopolskie Province: Opalenica, Kuślin, Granowo and parts of Grodzisk Wielkopolski. The company’s telecommunication services consist of providing access to public landline telephony and supplying telephone and Internet solutions. The area of operation covers the town of Opalenica and 52 neighbouring villages. Approximately 75% of subscribers are natural persons.
TOSA renders its services using mainly own telecom infrastructure consisting of telephone exchanges, subscriber line regulators, copper and fibre-optic cable assemblies between different locations, local distribution networks, Internet hubs, radio access networks and corresponding infrastructure. Although there has been a decrease in the number of landline phone subscribers, this trend mostly concerns individual customers, while companies and institutions still treat fixed-line connection as an important communication channel. On the other hand, the number of households with broadband Internet connection has been observed to grow over the years. Due to these market trends, the main goals of TOSA’s development strategy are to: prevent decrease in landline telecom service revenues, work to increase the number of Internet subscribers, expand product range with new services and modernise the existing telecom infrastructure. 

Contact information

Province : wielkopolskie

Telefony Opalenickie S.A.
Plac Piłsudskiego 5
64-330 Opalenica
ph.: (+48 61) 44 79 900
fax: (+48 61) 44 79 922
www.tosa.pl

Ministry of Treasury
ul. Krucza 36 / Wspólna 6
00-522 Warszawa
Department of Privatisation
ph.: (+48 22) 695 87 22, 695 87 05
fax: (+48 22) 695 88 18
Investor Realtions Centre
ph.: (+48 22) 695 90 01
ph.: (+48 22) 695 90 02
fax: (+48 22) 629 98 38
investor@msp.gov.pl
www.msp.gov.pl

foto

Performance in thousand PLN


 
2008
2009
2010
Sales revenue
6 007.9
5 529.0
5 447.0
EBITDA
1 649.2
1 593.2
1 512.2
Net result
169.0
220.5
273.5

Planned privatisation

On 10 August 2011 the Treasury and INEA S.A. seated in Poznań, as well as TP Invest Sp. z o.o. seated in Warsaw and INEA S.A. seated in Poznań signed contracts regarding the sale of the shares of Telefony Opalenickie S.A. held by the Treasury and TP Invest Sp. z o.o.

History of privatisation process:
Auction: 20 July 2011
Admission to the auction: 18 July 2011
Invitation to participate in auction. More information
Closing of the negotiations: 15 March 2011
Negotiations: 23 December 2010
Extension of the negotiation exclusivity period: 7 December 2010
Extension of the negotiation exclusivity period: 24 November 2010
Negotiation exclusivity: 9 November 2010
Binding offers: 8 October 2010
Due diligence: 22 July 2010
Extension of the deadline for informing on the decision regarding the consideration of the offers: 16 July 2010
Initial offers: 28 June 2010
Invitation to participate in negotiations. More information

Employment

14 employees

Initial capital

PLN 8 726 800.00

President of the Management Board

Krzysztof Szychta

Privatisation advisor

Omikron-Konsulting dr Karol Chrabański with registered office in Katowice

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Publication date : 28.05.2010
Modification date : 23.08.2011
Monika Groszkowska