Dialog telecom plans an acquisition

08-04-2008, 11:20

Warsaw (Puls Biznesu) – Telefonia Dialog telecom has got the approval from its biggest shareholder for an acquisition worth several dozens million zloty.

Telefonia Dialog which this year plans an IPO on the Warsaw Stock Exchange may soon acquire another company.

“We have KGHM’s approval for our acquisition strategy. We are waiting for the approval from the company we want to buy”, Grzegorz Mach, Dialog deputy CEO said.

He refused to give details but said the acquisition would ‘rather be worth several dozens and not several million zloty’.

Dialog has 500,000 subscribers of fixed lines and broadband internet.

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