Telenor falls behind in Polkomtel race

21 Jun 2011

Sources close to the Polkomtel sale have revealed that the bid from Norwegian telco Telenor has entered a bid some distance behind its competitors Apax and Zygmunt Solorz-Zak. Local paper Puls Biznesu reports that Polish businessman Sorlorz-Zak is still the favourite to win the bidding war, with private equity fund Apax close behind. The shareholders are expected to narrow the list of bidders later today, with the transaction expected before the end of June.

Poland, Plus (Polkomtel), Telenor Group