KGHM and other domestic shareholders not likely to sell stake in Polkomtel
There is practically no chance this year of copper concern KGHM and other do mestic shareholders selling their stakes in Polkomtel, the Plus GSM operator . "We expected five to six advisers, and there are 20. We need some time to make a decision. Thus, the sale will presumably take place next year," said KGHM president Stanisław Speczik. He estimates that the value of domestic h olders' shares amounts to $1.7 - 2 billion. The potential delay in the sale of Polkomtel does not distress president Speczik, as he planned to liquidate the indebtedness of Telefonia Dialog in first place. The president is also c onsidering purchasing El-Net, but he may encounter a tough competitor in Net ia. KGHM wishes to invest annually zł. 150 million and also intends to retur n to the Republic of Congo, where it claims to possess resources worth $2 bi llion. (Puls Biznesu, p. 5) K.Z