Polish mobile phone operator Polkomtel is considering floating its shares to finance potential investment in launching UMTS services, the firm's CEO Wladyslaw Bartoszewicz said on Friday.
Published:
21 May 2000 y., Sunday
Poland's telecom ministry plans to hold a tender for four UMTS licenses, setting aside one permit for the state-controlled TPSA. The other two incumbents, Polkomtel and PTC, have said they also want to receive them. Bartoszewicz said he expected Polkomtel to invest up to one billion dollars within the next several years to introduce a UMTS network, which would bring broadband Internet, video and other capabilities to mobile phones and wireless devices.
Bartoszewicz said that Polkomtel's shareholders, which include Britain's Vodafone AirTouch , Danish TeleDanmark , copper firm KGHM , oil group PKN and Polish Power Grid PSE, are discussing a possible initial public offering. He declined to give a date for the potential issue. Bartoszewicz comments, however, clashed with recent statement from the head of KGHM, who said the operator's shareholders did not foresee a public offering for at least the next two to three years.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has authorised under EU state aid rules a €550 million capital injection and a €400 million guarantee in favour of the Austrian bank BAWAG. P.S.K. The Commission found the measures to be in line with EU state aid rules.
more »
EUROSTAT has reported that the sharpest annual decrease in hourly labour costs of -10.9% was observed in Lithuania in the 3rd quarter of 2009.
more »
Statistics Lithuania informs that, according to the Labour Force Survey data, the number of the unemployed in III quarter 2009 made 228.1 thousand.
more »
What has come to be termed as the "Great Recession" seems to have come to an end in the third quarter of 2009.
more »
The European Commission has authorised, under EU State aid rules, a measure adopted by Lithuania to limit the adverse impact of the current financial crisis on exporting firms.
more »
The schedule of Vilnius International Airport (VIA) is supplemented with 3 more new directions; the airline company airBaltic starts regular flights to Paris today, to Munich tomorrow, and to Berlin on Monday.
more »
The Governing Council of the European Central Bank (ECB) has decided to start the main construction works for its new premises in spring 2010.
more »
AB Bank SNORAS was granted the award from NASDAQ OMX Baltic Stock Exchange for the jubilee 15-year listing of the bank’s shares on NASDAQ OMX Vilnius Stock Exchange.
more »
Parex banka has established a subsidiary, SIA NIF, which will professionally manage assets that are not related to the Bank’s core business.
more »
Mariann Fischer Boel, European Commissioner for Agriculture and Rural Development, today put forward a plan to ensure that Greece will put in place the systems necessary to allow EU aid payments to be made to farmers.
more »