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 approved, under EC Treaty state aid rules, an Italian framework temporarily adapting certain existing risk-capital schemes to increase companies' financing possibilities during the current economic crisis.
more »
The European Commission has authorised, under EC Treaty state aid rules, a Maltese measure to help businesses to deal with the current economic crisis.
more »
We're making progress. That's the word from Treasury Secretary Tim Geithner about settling the financial markets.
more »
According to a new report released by NextGen Research, global markets for financial kiosks and enhanced ATMs will grow at a compound annual rate of 9 percent, to include more than 186,000 financial kiosks and nearly 2.5 million ATMs by 2013.
more »
Non-farming Latvians are buying pigs to beat the economic crisis.
more »
Is your money well spent at EU level? Every year, in April, the EP concludes its examination of EU spending for the financial year closed 16 months previously.
more »
In the construction sector, seasonally adjusted production1 decreased by 1.0% in the euro area2 (EA16) and by 2.1% in the EU272 in March 2009.
more »
Between 2000 and 2008, EU27 trade in goods with Russia more than tripled in value, with EU27 exports to Russia rising to 105 bn euro in 2008 from 23 bn in 2000.
more »
The European Commission has launched today a call for proposals covering key energy infrastructure projects such as energy interconnections, offshore wind energy and carbon capture and storage as part of the implementation of the EEPR.
more »
During its plenary session on 13 May 2009, the European Economic and Social Committee adopted a key opinion on responding to the crisis in the European automotive industry.
more »