• In its meeting held on 17 August 2012, the Government Committee on PTK Privatization adopted the list of companies prequalified to participate in the tender for the purchase of 75% of PTK shares.

They are:

Albright Capital Management LLC, in cooperation with Portugal Telecom
Columbia Capital in consortium with ACP Axos Capital Gmbh, in cooperation with British Telecom – Poland (owned by British Telecom)
M1 International Limited
Turkcell
Twelve HORNBEAMS (Innova), in consortium with Avicenna Capital LLC, in cooperation with Sofrecom (part of France Telecom)

Profiles of companies prequalified for the privatization of PTK

Albright Capital Management (ACM), in cooperation with Portugal Telecom

Albright Capital Management LLC was established in 2003.
Since 2007 the company has raised investment funds in excess of 600 million USD. The company manages assets worth over 700 million USD. The company manages various investment funds in numerous countries around the globe.
ACM entered the competition to purchase PTK shares in cooperation with the Portugal Telecom, with regard to operational and management arrangements. Portugal Telecom operates in many countries worldwide and has annual income of around 4 billion euro.

Twelve Hornbeams, UK (Innova Capital) and Avicienna Capital, UK, in cooperation with Sofrecom (part of France Telecom)

Twelve Hornbeams is established by Innova Capital.
During the last 17 years, Innova Capital has invested in a number of significant telecom operators, including among other GTS Central Europe, Energis Polska, Voxtel (Orange Moldova), Mobitel, etc. and has invested over 500 million euro in various countries of Southeast Europe. In this region, this company also manages assets worth over 900 million euro.

Avicienna Capital, is a private direct investment firm with offices in London and Istanbul. Established in 2003, this company invested in various strategic sectors in Asia and Europe. Avicienna is seeking to expand its investments in telecom and energy.

These two companies have entered the competition for the purchase of PTK shares in cooperation with Sofrecom (part of France Telecom).

Columbia Capital, USA and Axos Capital, in cooperation with British Telecom Poland (part of British Telecom)

Columbia Capital is an investment fund focusing on information technology, telecommunications, internet, media, etc. Established in 1989 it has invested in over 130 companies of this sector around the globe. It manages over 2.5 billion USD.

Axos Capital partners is a joint shareholding venture, comprising leading international investors in technology and telecommunications, with private capital of around 4 billion USD.

Columbia Capital and Axos Capital are competing in the PTK transaction in cooperation with British Telecom.

M1 Group, Lebanon

M1 Group is an investment group with vast experience in investments in different sectors, including telecommunications, aviation, energy, construction, etc. It was established in 1960 and started investing in the telecom market since 1980, with the largest telecommunication company investing being Investcom.

Turkcell, Turkey

Turkcell is the largest operator of mobile telephony in Turkey. It provides telephony and internet services through its global communication network. The company also provides other services in the sphere of telephony and internet. It operates in nine countries and serves over 65 million consumers. Its income during last year exceeded 4 billion USD.