PSE hopes to find investor for National Telecoms Group ahead of schedule
The National Grid (PSE) want to find an investor for the National Telecoms
Group (KGT) by the beginning of next year. Unofficial sources also say that
the management of PSE proposes to privatize the company in 2004, much sooner
than the Treasury Ministry planned. KGT will soon be created out of lo
ng-distance telecoms operator NOM and PSE's IT subsidiaries. The National
Grid's management proposes that the company should maintain a stake in KGT
even after the new investor is introduced, although the Economy Ministry
opposes such a plan, claiming that the grid operator should withdraw from
all non-core activities. (Puls Bizensu, p. 4) T.J.