Telenor shows interest in HTCC stake bid (Hungary)Norwegian operator Telenor plans to bid for 68% stake in US- listed alternative operator Hungarian Telephone and Cable Corporation (HTCC). The second largest local fixed line telecoms operator in Hungary (HTCC), which markets itself under the Invitel banner, has around 700,000 customers; it acquired Invitel for $640 million in early 2007.
Major reason to bid for HTCC stake is its sales. Apart from Telenor other bidders in the first round are Mid Europa Partners and GMT Communications Partners.
