FT Swiss deadline

30 Sep 2011

First round bids for the Swiss arm of France Telecom (FT), Orange Switzerland, are due by 10 October reports Dow Jones Newswires, citing sources close to the sale.

As previously reported by CommsUpdate, interested parties include private equity firms Providence Equity Partners and Apax Partners, which was recently beaten in a bid to acquire Poland’s Polkomtel. Also interested in purchasing the telco is Egypt’s Naguib Sawiris, the majority owner of Orascom Telecom, (which is in the process of being merged with Russia’s Vimpelcom).

Switzerland, Salt (Switzerland)