Play mulling IPO

Telecom operator P4, which owns Play, said that it considers IPO plans in a statement send to the Luxembourg Stock Exchange. “After 10 years of developing Play into a leading Polish mobile operator, the shareholders and management of Play are reviewing the best options to set the company up for its next stage of growth. A possible option could take the form of an initial public offering,” the firm said in its statement. P4, which owns Play has tried to sell the operator a number of times, whether through direct sale or IPO. Until now, the company has been mostly financed through bonds issues, and recently conducted a major refinancing of high yielding FX debt.