GTS looks to sell Internet Partners, one of Poland's two largest IT providers

U.S. telecom group Global TeleSystems (GTS) is looking to sell Internet Partners (IP), one of Poland's two largest Internet service providers (ISPs), with eTel of Ireland and French group Vivendi viewed as potential buyers. GTS is undergoing restructuring and is looking to sell IP and its ISPs in Hungary and Czech Republic in the coming weeks. IP president Andrzej Gradzi would not comment on the unofficial information about the two potential contenders, but he did say that GTS is currently in the process of selecting an investor. The other major Polish ISP, Zillion, has recently been sold by Softbank to TeleDanmark, which paid zl.88 million for a 51% stake. IP is said to be of similar size as Zillion, but analysts say GTS should hurry with the sale, before Zillion uses TeleDanmark investments to pull ahead of IP on the market. (Puls Biznesu, p.9) T.J.