Dialog is Poland’s second largest alternative telecommunication operator, covering 13% of the Polish population. Dialog provides fixed voice and data transmission services (two key business segments) as well as IPTV, CATV and MVNO. The transaction value amounted to EUR 213m (PLN 944m) and with the acquisition of Telefonia Dialog, Netia has become the largest alternative  provider of fixed - line telecommunications sevices in Poland in all market segments with total revenues at the level of EUR 550m and 800k broadband customer base. 

Raiffeisen Investment, togehter with Lazard act as advisors to Netia. Raiffeisen Bank International and Raiffeisen Bank Polska participated in a consortium of banks providing financing for this transaction.