TeliaSonera drops bid for Polkomtel

Monday 13 June 2011 | 10:11 CET | News
Three groups of investors which carried out due diligence on Polish mobile operator Polkomtel have submitted bids to acquire the company, reports Bloomberg citing a person familiar with the matter. A spokesperson for TeliaSonera said the company decided to not submit a bid. Apax Partners, a consortium formed by Telenor and Bain Capital, as well as the Polish telecommunications group controlled by Zygmunt Solorz-Zak are the three remaining candidates to buy the operator. The deadline for bids was 10 June.

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Categories: Mobile & Wireless
Companies: Polkomtel / Telenor / Telia
Countries: Poland
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