Polkomtel shareholders sign agreement to sell-up

Mobile telecom operator Polkomtel's Polish shareholders have signed an agreement for the joint sale of their stake in the telecom operator, the head of the company's supervisory board Stanisław Speczik said yesterday. The agreement is intended to secure the interests of all Polkomtel's shareholders and to prevent a situation whereby the company would be forced to seek an investor on its own. "The shareholders are now discussing the optimum term for quitting their investment, however it remains unknown whether it would be this year or next as no decisions have yet been taken," Speczik explained. He added that Polkomtel would likely look for an investor through an as-yet unnamed investment bank. News of the agreement has been confirmed by the vice-president of PKN Orlen, also a stock holder in the operator, but in his opinion it did not forebode any sale of the whole entity. (Parkiet, p. 1; www.onet.pl) J.K.