This content is from: Innovation

Polkomtel May Get America Movil Bid

Poland’s mobile company, Polkomtel, may receive a bid from Latin American wireless carrier, America Movil.

Poland’s mobile company, Polkomtel, may receive a bid from Latin American wireless carrier, America Movil, Reuters reports. Polkomtel expects to raise about €4 billion from the auction.

Egypt’s Orascom Telecom, Nordic operator TeliaSonera, Spain’s Telefonica and Norway’s Telenor may also be interested in the auction. Vodafone and some state-backed Polish companies will sell Polkomtel.

Click here for the story from Reuters.

Click here for the additional coverage from Bloomberg.

Related Content