Companies shortlisted to pick up TPSA small cable TV network
Multimedia and Vectra cable networks have been shortlisted to purchase TPSA's TV cable networks. Their offers reach zl. 50 million, but may change following due diligence which will be completed in mid-March. Another problem is whether the bidder will be able to secure bank guarantees to finance the transaction, which according to sources may prove difficult for domestic players. TPSA would not confirm whether it put UPC, the biggest cable network in the country on the shortlist, or whether any venture capital investment fund has filed an interesting enough offer. The winner would take over the cable networks in Wroclaw, Olsztyn, Poznan, Szczecin, and five smaller cities, which have a total of 50,000 subscribers. (Puls Biznesu, p. 6) J.K.