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JP Morgan begins seeking buyers for cable TV operator Multimedia Polska

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Date: 2012-02-09 08:25

JP Morgan has launched an overview of strategic options for cable TV and internet services provider Multimedia Polska, at the request of its current shareholders, according to the company's press release.


No options are ruled out, including the current shareholders' retaining their stakes, the document reads. Thus, Multimedia Polska have confirmed unofficial media reports that JP Morgan has been ordered to pursue such research.

Also, local press recently reported that JP Morgan will soon send invitations for the sale to landline telecom incumbent TPSA, largest alternative landline telecom Netia, cable TV operators UPC Polska and Vectra as well as to mobile telephony operator PTC (T-Mobile network).

Multimedia Polska was removed from bourse trading late last year. Its shareholders wanted to sell their stakes already in 2011.