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                                                             EXHIBIT 4(b)(ii).48


                                AMENDMENT No. 1b
                                ----------------

             to the Supply Contract of Intelligent Network Solution
             ------------------------------------------------------

            made by and between EuroTel Bratislava a.s. and Siemens,
            --------------------------------------------------------
                      s.r.o. on the 4th day of July, 2001
                      -----------------------------------

             as amended by Amendment no.1 to the Supply contract of
             ------------------------------------------------------
                Intelligent Network Solution made by and between
                ------------------------------------------------
        EuroTel Bratislava, a.s. and Siemens, s.r.o. on the 21st day of
        ---------------------------------------------------------------
                                 December, 2001
                                 --------------

            and Amendment no.1a to the Supply contract of Intelligent
            ---------------------------------------------------------
            Network Solution made by and between EuroTel Bratislava,
            --------------------------------------------------------
                      a.s. and Siemens, s.r.o. on the 29th
                      ------------------------------------
                               day of January 2002
                               -------------------

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This Amendment no. 1b (hereinafter referred to as the "Amendment") to the Supply
contract of Intelligent Network Solution made by and between EuroTel Bratislava,
a.s. and Siemens, s.r.o. on the 4th day of July, 2001 as amended by Amendment
no.1 to the Supply contract of Intelligent Network Solution made by and between
EuroTel Bratislava, a.s. and Siemens, s.r.o. on the 21st day of December, 2001
and Amendment no.1a made by and between EuroTel Bratislava, a.s. and Siemens,
s.r.o. on the 29th day of January 2002 (hereinafter referred to as the
"Contract") is made on ______________ by and between

EuroTel Bratislava, a.s.

a corporation duly organized and existing under the laws of the Slovak Republic
with its Registered Office at Vajnorska 100/A, 831 03 Bratislava, Slovak
Republic, Business Identification Number 35 705 019, registered with the
Commercial Register kept by Okresny sud Bratislava 1, under the section Sa,
insert no.1238/B, represented by Jozef Barta, Chief Executive Officer and
Procurator and JUDr. Jan Pitonak, Procurator

- hereinafter referred to as the "Purchaser" -

and

Siemens, s.r.o.,

a corporation duly organized and existing under the laws of the Slovak Republic
with its Registered Office at Stromova 9, 830 07 Bratislava, Slovak Republic,
Business Identification Number 31 349 307, registered with the Commercial
Register kept by Okresny sud Bratislava 1, under the section Sro, insert no.
4964/B represented by Ing. Peter Kollarik, statutory representative and General
Director and Ing. Bernhard Kuderer, statutory representative

- hereinafter referred to as the "Supplier" -

Both parties hereinafter also being referred to collectively as "Parties" or
individually as "Party"

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1. PURPOSE OF THE AMENDMENT
---------------------------

The Purchaser and the Supplier concluded the Contract regarding the supply of
the intelligent network solution as stated hereinabove.

Whereas the Purchaser and the Supplier had not been able to specify and finalize
the description of the PPS Part of the System and its Integration into the
Support systems of the Purchaser as of the date of the execution of the
Contract, the Parties agreed the aforementioned specification to be finalized
later.

Whereas the Purchaser and the Supplier have not achieved the agreement on the
above specification yet, it is their intention to prolong the term for their
obligation set for in the Contract, and hereby do so.

Now therefore the Parties decided to conclude this Amendment the purpose of
which is to provide for the prolongation of the term to agree upon final
specification of PPS Part of the System and its integration into the Support
systems of the Purchaser.

2. CHANGES TO THE CONTRACT
--------------------------

2.1   In Art.1. "Definitions" section 1.24, last paragraph, the date "February
      28, 2002" shall hereby be removed and replaced by the date "March 15,
      2002".

      The full wording of the said paragraph shall, from the effectiveness
      hereof, be as follows:

      "The supplier hereby undertakes to execute the Integration of the PPS Part
      of the System into the Support systems of the Purchaser, based upon and
      subject to the terms and conditions to be agreed upon by the Parties and
      which are to be specified in compliance with the respective Annexes within
      the validity of the Letter of Intent, but no later than March 15, 2002.".

2.2   In Art. 4 "Purpose of the Contract" fourth paragraph, the date "February
      28, 2002" shall hereby be removed and replaced by the date "March 15,
      2002".

      The full wording of the said paragraph shall, from the effectiveness
      hereof, be as follows:

      "Since specification of the PPS Part of the System has not been finalized
      yet by the Parties, the Parties hereby agree to stipulate the terms and
      conditions for the Supply of the both of the Parts of the System. The
      Parties agree that with respect to the PPS Part of the System the terms
      and conditions shall be stipulated only to the extent possible. The
      obligation of the Supplier to specify the Supply of the PPS Part of the
      System as well as the obligation to express the attitude pertinent to the
      Integration of the PPS Part of the System into the Support systems of the
      Purchaser shall be done by the Parties within the term of the validity of
      the Letter of Intent, but no later than March 15, 2002.

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3. FINAL PROVISIONS
-------------------

This Amendment shall be valid and effective as soon as executed by duly
authorized representatives of the Parties.

The purpose of this Amendment is to provide for the prolongation of the term of
the obligation of the Parties to finalize and agree upon the specification of
the PPS Part of the System and its Integration into the Support systems of the
Purchaser. This Amendment shall not, in any way, replace, change, alter or
modify any provision of the Contract unless expressly provided for herein. All
of the other provisions of the Contract shall remain intact hereby.

This Amendment is written and executed in two counterparts in the English
language. Each counterpart shall be deemed to be an original.

The Parties hereto declare that they have read the wording of this Amendment
thoroughly and consistently, that they have understood the contents hereof and
that this Amendment expresses their free and serious will less of any mistakes.
The Parties hereof acknowledge the aforementioned by causing the persons fully
authorized and entitled to act on behalf of the Parties to attach their
signatures herein below.

IN WITNESS WHEREOF, the Parties have caused their duly authorized
representatives to attach their signatures hereto.

EuroTel Bratislava, a.s.                        Siemens, s.r.o.

Place and Date:                                 Place and Date:


________________________________                ________________________________
Jozef Barta                                     Ing. Peter Kollarik
Chief Executive Officer                         Statutory representative
and Procurator                                  and General Director

Place and Date:                                 Place and Date:


________________________________                ________________________________
JUDr. Jan Pitonak                               Ing. Bernard Kuderer
Procurator                                      Statutory representative