T-mobile may establish consortium to buy ET shares

Neither Elektrim nor T-mobile, which belongs to the Deutsche Telekom (DT) group, will be able to solely finance the acquisition of the remaining shares of PTC from Vivendi, as they are already indebted. T-mobile is currently examining establishing a consortium to acquire the shares from Vivendi and Elektrim. "We will not comment on this type of news, as it arises from time to time. T-mobile owns a 49% stake in Elektrim Telekomunikacja (ET) [the company controlling PTC], so speculation concerning any potential increase in this number, is nonsense," said Hans Enhert of DT's corporate communications section. In the meantime, Elektrim has signed a co-operation agreement with the Advent International fund. "Advent believes that ET is an interesting company, and it is holding talks with different companies about potential participation in the transaction," said AI investment director Piotr Kędra. Elektrim has the buying preference for ET, so it could take advantage of this position with the contribution of a financial consortium. (Parkiet, June 7-9, p. 3) M.M.