TP SA still talking to WP

Alan Heath
opublikowano: 23-08-2001, 00:00

TP SA still talking to WP

Despite earlier predictions, Telekomunikacja Polskaj SA looks unlikely to buy a 50 percent + 1 share stake in internet portal Wirtualna Polska by the end of this month.

The reason for the delay in the sale are the tough conditions being set by WP which may not even be acceptable to TPSA.

Maciej Grabski, deputy MD of WP says that his portal will not be given away and that as the second such internet site on the Polish market with a considerable market share then it is worth more than most analysts seem to think.

He also thinks that if WP could offer internet connection services and gained a nine percent market share in this market then the value of the portal would be between USD100m and USD200m.

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