“Negotiations are still at an early stage,” the newspaper quoted one of two sources as saying. “Play managers do not know anything about them.”
The daily quotes Novator‘s managing partner Constantine Gonticas as saying it “was not true” that the fund, which controls 75% of Play, was planning to sell the company.
Play spokesman Marcin Gruszka said on Tuesday the company would not comment. TeliaSonera‘s spokeswoman, quoted by the newspaper, has declined to comment.
Play wants to boost the number of its clients this year to 2 million from 1.4 million and is planning to triple revenues to 800 million zlotys ($351.3 million). It expects to break even by the end of the decade. (Reuters)
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
