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Eltel mulls sale of Polish and German operations to focus on Nordic market and reach 5% EBITA margin

Thursday 4 April 2019 | 12:25 CET | News
Stockholm-listed network infrastructure provider Eltel said it is evaluating its operations in Poland and Germany, including a potential divestment, in line with the new strategy Operational Excellence. Selling them would let Eltel focus more clearly on developing the Nordic market, where it claims a leading position, high level of expertise, and where the business model is repetitive and primarily targeted towards construction, service and maintenance. Last month, Eltel agreed new terms with its banks, including plans to cut debt.

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Categories: Fixed
Countries: Germany / Poland / Scandinavia
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