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Blow to government’s Digital Poland program as Telecom giants Netia resign, Equities News - EquitiesPoland.pl
Coverage of high-potential mid-market firms in Poland

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Blow to government’s Digital Poland program as Telecom giants Netia resign

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Listed altnet telecom operator Netia resigned from the government's Digital Poland program nationwide, extending an original decision to drop eight regions to its entire slate of concessions, Netia said in a market filing.

As before, Netia cited a "renewed analysis by the company of the profitability of realization of the projects." Results of the review "were a negative signal for engagement."

Netia said June 6 it would resign from 8 regions where it was slated to secure some PLN 300 mln in subsidies in the program.

2017-06-22



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