Tel-Energo proclaims plan to shed stake in Polkomtel

According to Tel-Energo's president, Tomasz Kibil, the estimated value of the stake up for grabs is zł.180-220 million. Although he refused to reveal who would purchase the shares, PSE disclosed it is interested in buying them. "Our main objective is to provide financial aid to Tel-Energo," said Piotr Rutkowski, PSE's deputy president responsible for the company's telecoms assets. Market analysts believe the move on Tel-Energo's part is but a prelude to the selling off of the majority stake in Polkomtel, as some of its major shareholders have also announced an interest in off-loading shares, while Vodafone has expressed an desire to increase its existing stake. (Puls Biznesu, pp. 1, 8) A.F.