A PYMNTS Company

Germany/Poland: Deutsche Telekom to diversify Polish telco operations

By  |  October 4, 2013

Germany-based Deutsche Telekom announced plans to acquire a fixed-line operator within Poland in part of efforts to diversify operations in the nations that holds central Europe’s largest telco market, say reports.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Deutsch Telekom, which already owns Poland’s second-largest wireless network T-Mobile Polska, declined to name potential targets, though the company’s CEO Miroslav Rakowski said possible buyouts do not include Poland’s second-largest fixed-line firm, Netia SA.

    The executive did say, however, that the chances are “very high” for the company to initiate a takeover by the end of the year.

    According to reports, the company is looking to add fixed-line operations to its portfolio in Poland, where harsh competition has forced Deutsche Telekom to cut prices in the country.

    Full Content: Bloomberg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.