Sale of Tel-Energo appears under threat

The National Grid (PSE) may withdraw from the planned sale of its assets in the Tel-Energo telecommunication group, informed ISB agency quoting an anonymous source. Netia and Energis, interested in the takeover, have until October 30 to place their binding offers, which should include an evaluation of Tel-Energo, despite that its capital had not been increased yet. "Resigning from the sale is becoming much more probably, but no final decision has been taken yet," said ISB's source. According to him, there are two reasons for this state of affairs. One of them is the fact that the situation in Tel-Energo is still unresolved, which may substantially affect the price to be paid by an interested enterprise. The second possibility is the option of creating an alternative telecoms group to compete with TPSA, which was announced by the Treasury Ministry on Thursday. "Plans to sell the assets are still valid and we are waiting for offers until the end of October," said PSE spokeswoman Regina Wegnerowska. (Parkiet, p. 5) M.M.