Skip to content
Advertisement

Business

BBI Capital makes a move for Orange's distributor

Board member of the fund, Piotr Karmelita, did not state how the capital is going to be used by the network of 273 stores. However, he stated that there is a special  aim for these funds. In addition to other sources of funding, as well as own resources, Tell has a current investment potential of between zl.30-40 million. An interesting fact is, that this is how much, according to media reports, PTK Centertel, the owner of the Orange brand, could pay for its second largest distributor, GTI. In 2006 GTI was acquired by Greek businessman Pannos Germanos, who also took control over Germanos Polska, the largest distributor of Era services. This year GP was acquired by P4, a new player on the mobile market. (Parkiet, p. 1) A.K.

More from Business All