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Analyst says factors point to likelihood of KGHM selling Polkomtel this year

Copper concern KGHM is "very likely" to sell this year its 19.6% stake in Poland's second biggest mobile phone operator Polkomtel, according to analyst Sebastian Slomka from the BDM PKO BP brokerage. In a report Slomka says that in his opinion, more and more factors are pointing to a sale taking place this year. He cites the company's strong trade unions, which oppose any involvement by the company in sectors not related to copper production. In the light of comments by the Democratic Left Alliance (SLD) that it plans to maintain government control over KGHM, Slomka says, "If KGHM is not for sale, the best method to generate budget income is by means of selling Polkomtel." (Parkiet, p. 4) M.T.

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