TeliaSonera is in negotiations to purchase the Polish mobile phone operator Play from a private equity fund Novator.
According to Novator’s managing partner Constantine Gonticas, the reports are not true that the fund, 75% of Play, was planning to sell the company.
Play’s spokesman Marcin Gruszka and TeliaSonera’s spokeswoman declined to comment.
Play plans to boost the number of it’s subscribers this years to 2 million from 1.4 million and is planning to triple revenues to 800 million zlotys ($351.3 million) and expects break even by the end of the decade.
Wireless Federation » TeliaSonera in talks to purchase Polish operator Play (Poland)
TeliaSonera in talks to purchase Polish operator Play (Poland)
- September 2nd, 2008
- 8:10 am
