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Latest Satellite News Discussion, Trk Telekom targets Invitel at General Satellite News forum; Trk Telekom targets Invitel By Chris Dziadul May 4, 2010 11.09 UK Trk Telekom is to hold exclusive talks with ...

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Trk Telekom targets Invitel - 04-May-2010, 20:40

Trk Telekom targets Invitel

By Chris Dziadul
May 4, 2010 11.09 UK

Trk Telekom is to hold exclusive talks with Invitel International that could pave the way for the acquisition of the latters entire wholesale business.

Portfolio reports that the two parties have agreed to the talks and any deal would be subject to regulatory approval.

Invitel is currently owned by Mid Europa Partners and has interests in CEE and in Turkey. They include an IPTV operation in Hungary, where Invitel provides triple play services.

Agency reports last month put the value of Invitels interests in Hungary at up to 250 million.



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