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Articles tagged with: Pkn Orlen
Polkomtel Shareholder Seeks Buyer for Stake
The Polish oil giant, PKN Orlen has hinted that it will seek to sell its 24.4% stake in the local mobile network operator, Polkomtel as soon as a shareholder pact expires at the end of the month. more
Related Tags: polkomtel, plus-gsm, gsm, Poland
Vodafone Increases Stake in Polish Network
Vodafone has agreed to acquire an additional 4.8% stake in Poland based operator, Polkomtel from TDC for a total cash consideration of €176 million (US$212 million) plus accrued interest at closing. more
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Vodafone Says in Talks With TDC to Raise Stake in Polkomtel
LONDON -(Dow Jones)- Vodafone Group confirmed Thursday that it is in talks to buy a further stake in Polish mobile operator Polkomtel from shareholder TDC AS. more
Related Tags: polkomtel, vodafone-group, Poland
PKN Orlen: Arbitration Ruling Favors Polish Polkomtel Holders
WARSAW -(Dow Jones)- Polish oil company PKN Orlen said Friday an arbitration court in Vienna ruled in favor of Polish shareholders in mobile firm Polkomtel, in which it has a stake. more
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Poland's Polkomtel 2Q Net Profit PLN356.6 Million, Up 34% On Year
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Poland Offers Vodafone Increased Stake in Polkomtel
Polish media are reporting that Poland's government is interested in selling a further stake in mobile network operator, Polkomtel - so long as Polish shareholders retain managerial control. Citing unnamed sources, Parkiet said that the government offered Vodafone a 19.6% stake in the operator, although Gazeta Wyborcza reported that the offer was for a ten percent stake. The stake is held by the oil firm, PKN Orlen which is controlled by the Polish government. more
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PKN Orlen CEO: To Sell Polkomtel If Needed For Invest
WARSAW (Dow Jones)--Poland's PKN Orlen would sell its 19.6% stake in mobile operator Polkomtel if required to fund new acquisitions or investments in upstream oil production projects, Orlen Chief Executive Igor Chalupec said Tuesday. more
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Polish Polkomtel CEO Jaroslaw Pachowski Resigns
WARSAW -(Dow Jones)- Chief executive officer at Poland's third-largest mobile telephone operator Polkomtel, Jaroslaw Pachowski, resigned Wednesday, the company's supervisory board chairman Andrzej Szczepek told Dow Jones Newswires. more
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Polish Polkomtel Holders Agree On Mobile Operator's Sale
WARSAW -(Dow Jones)- Polish shareholders in the country's second-largest mobile operator Polkomtel SA (PKT.YY) reached an agreement on the joint sale of their stakes in the company, PKN Orlen said in a statement Wednesday speaking on behalf of the parties. more
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The Polish oil company, PKN Orlen wants to sell its stake in the Polish GSM network, Polkomtel, but only to a Polish investor, leaving the two leading overseas investors, Vodafone and Tele Danmark unable to increase their stakes. PKN Orlen currently holds 19.61% of Polkomtel, a holding valued at between US$3 billion and US$3.7 billion. The other Polish shareholders, KGHM Polska Miedz (19.61%) and the state owned electricity generator, PSE (16.05%) are understood to not be interested in increasing their stakes in the company." more
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