Third Telfort sale in three years?

22 Jun 2005

Reports from the Dutch press are suggesting that wireless operator Telfort may be up for sale again. Het Financieele Dagblad reports that Telfort is in talks with potential buyers concerning a EUR1.2 billion takeover. Telfort was sold by UK-based operator O2 in early 2003 to the Dutch investment group Greenfield Capital Partners for just EUR25 million. Greenfield then offloaded 51% of its shares last October, with investor Marcel Boekhoorn taking the majority stake. Telfort has not commented on the rumours.

Netherlands, Telfort