Polish TPSA plans to sell its Internet arm in H2 2013
WARSAW Feb 12 (Reuters) - Poland's top telecoms group TPSA expects to sell its fully-owned web portal Wp.pl in the second half of 2013, the operator's Chief Executive Maciej Witucki said on Tuesday.
Earlier on Tuesday TPSA said it had launched the sale process of Wp.pl as part of the plan to curb the expected revenue fall, confirming an earlier Reuters report the operator was seeking an advisor for the spin-off.
Analysts value Poland's No.2 web portal at 500-600 million zlotys. (Reporting by Adrian Krajewski)
- U.S. Mega Millions lottery up to $400 million, 2nd-biggest ever
- Pope Francis named Time's Person of the Year |
- Uruguay becomes first country to legalize marijuana trade
- Thousands of South Africans line up to see Mandela lie in state |
- China bitcoin arbitrage ends as traders work around capital controls