PGE abandons sale of Exatel

30 May 2012

Polish power utility PGE has announced that it is abandoning plans to sell its telecoms unit Exatel after a lack of interest from potential buyers. PGE originally planned to sell Exatel in 2010 as part of a programme to divest non-core assets. ‘The benefits from keeping Exatel currently outweigh potential profits from a sale,’ the company said.

Poland, Exatel