By Marcin Sobczyk
WARSAW--Polish telecommunications operator Telekomunikacja Polska SA (TPS.WA) has agreed to sell its Internet portal, Wirtualna Polska, for 375 million zlotys ($124 million), the company said late Wednesday.
Wirtualna Polska is Poland's second-largest portal by page views. TPSA, controlled by France's Orange (ORA.FR), will sell the business to web company O2.
TPSA expects the deal to close in the first quarter of 2014 and add PLN180 million to its gross profit.
Shares of TPSA closed Wednesday 1.6% higher at PLN9.43.
Write to Marcin Sobczyk at firstname.lastname@example.org
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(END) Dow Jones Newswires
October 24, 2013 03:09 ET (07:09 GMT)Copyright (c) 2013 Dow Jones & Company, Inc.
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