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More change for platform n

March 17, 2009 10.34 Europe/London By Chris Dziadul

The Polish new generation DTH platform n may soon see another ownership change.

According to Gazeta Wyborcza, ITI may sell off its remaining 49% stake in the platform to pay off a loan of €320 million, quoting its chairman Jan Wejchert.

The loan is due to be paid off by 2012, and he estimates that n could be worth €500-600 million by 2013.

Only last week TVN raised its stake in n from 25% to 51%, in a move that hit ITI’s share price.

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Filed Under: Central & East Europe, Newsline, Satellite Edited: 17 March 2009 10:34

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