Thursday, 23 April 2009

Penta seeks buyer for Mobilking – Poland

Penta Investment is reportedly in discussion with potential suitors who are interested in purchasing Mobilking, their ailing MVNO, according to Managing Partner Jozef Janov.

Mobilking’s future has been uncertain since the beginning of March after it failed to reach revenue generation targets. PTC, the MNO which provides infrastructure to Mobilking, is thought to be one possible buyer. Polish operators have commented that the link between PTC and Mobilking is perhaps deeper than first thought, with Mobilking’s systems entwined with PTC’s quite extensively, making any potential sale problematic.

Market rumours suggest that PTC would be the preferred buyer, although MNI and the owners of NFI Magna Polonia are supposedly in the running.