Italy's Eutelia to take stake in Poland's 6th mobile operator |
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Sun, 14 Oct 2007 20:53
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WARSAW (Thomson Financial) - Italian telecoms company Eutelia will take a stake in Polish consortium Mobyland, which plans to offer services as the country's sixth mobile phone operator, daily Puls Biznesu quoted its representative as saying.'We haven't yet decided what our share in the project will be,' Robert Nardini, Eutelia's head of foreign operations, told the newspaper. 'The talks are ongoing, but we are not demanding a majority stake.'Mobyland plans to pay 102 mln zlotys for one 1800 MHz frequency after another mobile phone operator, CenterNet, decide to take up just one of the two sets of radio channels it won in a regulatory tender last week.The Polish mobile phone market has for years been evenly carved up between three operators, including TPSA arm Centertel, before the entry of the fourth player earlier this year.Eutelia's Nardini estimates Mobyland will have to spend between 250 and 300 mln eur within five years and should launch services in six to 12 month after being granted a licence by the local regulator.piotr.skolimowski@thomson.com +48 22 447 24 36ps1/akCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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