PTC left out in the cold

As part of the deal, Netia acquired 100 percent of mobile telephony distributor Germanos and its two subsidiaries Telecommunication Center Mobile and Mobile Phone Telecom.

"The purchase of Germanos allows us to have the best customer reach and access to the most professional Polish retail sales force," P4's CEO Chris Bannister said. Germanos is Poland's largest distributor of mobile telephony products with around 300 sales outlets. The transaction is especially important as P4 is preparing to unveil its mobile telephony brand on Friday and finally launch services this quarter.

Prior to the deal, Germanos was the distributor of mobile products of PTC - the operator of the Era and Heyah brand services. According to PTC's statement, Germanos informed PTC of its intention to terminate the agreement between the two parties on Wednesday. "We are looking into the details. We will do everything in our power not to let it affect the availability of our services and products to our customers," the statement read.