Novator to sell Netia and P4?

12 Dec 2008

Warsaw business daily Puls Biznesu is reporting that Icelandic group Novator has put its stakes in Polish telco Netia and cellco P4 up for sale; Norwegian group Telenor is rumoured to be in advanced talks to buy the wireless company. Netia management refused to comment, while representatives of Novator were unavailable for comment. According to an unnamed source: ‘This [Telenor] is the main player in the fight for P4. Negotiations are going on. The price is the matter right now’.

Poland, Netia, Play (P4), Telenor Group