Netia and MNI to bid for Dialog

20 Jun 2011

Polish telcos Netia and MNI Telecom are expected to place binding bids for domestic fixed line operator Telefonia Dialog by Friday, reports Reuters. Polish mining company Kombinat Gorniczo-Hutniczy Miedzi (KGHM), the sole owner of Dialog, is hoping to select a winner by the end of June. Also interested in acquiring Dialog is local operator Hawe and private equity group Bridgepoint. In June 2010 KGHM said that it did not expect to sell Dialog until 2012, but changed its mind and anounced in March 2011 that the sale could be completed by the end of June. In May, the four interested parties were conducting due diligence.

According to TeleGeography’s GlobalComms Database, Netia is Poland’s second largest fixed network operator by subscribers, with a 13.1% share of the broadband market, and 1.23 million wireline users at the end of March 2011.

Poland, MNI Telecom, Netia, Telefonia Dialog