Play

Iliad wants to buy Play, the first Polish mobile operator. An operation which shakes up the markets which were waiting above all for a confirmation of the recovery of Free, before the heavy investments of 5G. Iliad becomes the sixth European operator and is a direct competitor of Orange in Poland. Iliad has just announced that it… has made a takeover offer for Polish operator Play at a price of 2.2 billion euros. Play is the Polish leader in mobile phones, and the main competitor of the local Orange subsidiary. The stock was down when the market opened. The offer surprised, as analysts mainly scrutinize the recovery of activities in France and consolidation in Italy. Iliad also owns a stake in an Irish operator. The company of the operator Free…