Netia

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Netia is a telecoms company which owns the second-largest fixed-line network in Poland. In 2006, Novator, a private equity investment firm based in Iceland and owned by Björgólfur Thor Björgólfsson, acquired a large stake in Netia.[1][2] In 2007, Netia and Novator announced that they are going to build a 4th mobile network in Poland.[3]

In 2009, Novator sold its 30.3% stake in the company to financial investors in 28 transactions amounting to 590 million zlotys ($164 million).[4] In 2015, Polish billionaire Zbigniew Jakubas bought an additional 7.8 percent of the company from MCI Management for 158 million zlotys ($42 million), raising his stake to 33.7 percent and making him Netia's largest shareholder.[5]

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References[]

  1. ^ "Information on acquisition of Netia's shares". Investor.netia.pl. Archived from the original on 2014-12-22. Retrieved 2012-02-01.
  2. ^ "Never down and out: Thor Bjorgolfsson is the Rocky of the business world". CityAM. 2014-12-14. Retrieved 2019-12-09.
  3. ^ "Iceland's Novator Telecom, Netia to launch 4th mobile telecoms network in Poland". Abcmoney.co.uk. Archived from the original on 2012-01-22. Retrieved 2012-02-01.
  4. ^ "Netia confirms Novator sold entire 30-pct stake". Reuters. 2009-03-11. Retrieved 2019-12-09.
  5. ^ "Polish billionaire Jakubas buys 7.8 pct of Netia for $42 mln". Reuters. 2015-03-28. Retrieved 2019-12-09.
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