What future for TDC Internet after sale of TDC IP?

Danish Internet operator TDC Internet (TDCI) is putting the final touches to sell its subsidy TDC Internet Polska (TDC IP) to GTS. This means that the TDCI controlled stake in GSM operator Polkomtel (Plus) may soon change hands, which would be a sign of the Danish company's complete withdrawal from Poland. "The transaction is almost completed. Due diligence has been finished and the board is tidying up its internal structure," said source close to the company. The value of the planned transaction remains unknown, but the price TDCI paid to Softbank in 2002 for an almost 50% stake in TDC IP was zl. 70 million. "The company will have great difficulty in obtaining zl. 140 million for the whole company," said sources close to the deal. TDC IP would not comment on the news but according to its chairman Peter Rafn, "There are no plans of withdrawing from Poland". (Puls Biznesu, p. 4) J.K.