TDC to quit Polkomtel: report

19 Dec 2005

According to the national daily newspaper Borsen, TDC has opened negotiations to sell its 19.6% stake in Polish wireless operator Polkomtel. The paper cites the most likely purchaser as Vodafone, which already owns a similar sized stake in the cellco, although there is also interest from other parties, including a number of private capital funds. TDC is itself currently in the process of being acquired by five private equity funds.

Poland, Plus (Polkomtel)