UAE’s Etisalat (e&) is in talks to buy regional assets in CEE from PPF Group.
According to Gulf News, it is exploring possibilities of a partnership with the Czech company.
Quoting a statement from e&, it adds that if the partnership develops, the two will ‘explore strategic collaboration opportunities’ in Central and South-Eastern Europe (excluding the Czech Republic).
Meanwhile, quoting several unnamed sources, Capital> reports that the talks involve selling controlling a control stake in Yettel Bulgaria, as well as three more operators from the region. However, they do not include the Bulgarian national commercial broadcaster bTV.
The talks began a few weeks ago and the goal is to decide if a deal can be done by the end of the summer.
Broadband TV News notes that e& has recently expanded its activities into Europe and is already the leading shareholder in Vodafone.
