Penta sold Mobilking

Penta Investments has decided to sell Mobilking, the virtual mobile operator (MVNO), to Polish telco company MoCoHub Technology Development S.A.

The transaction has been closed and the price of the transaction has not been disclosed.

"We have decided to sell our stake as we see better investment opportunities, where our private equity capital can be allocated at this time. Due to the crisis and high competition, the situation on the Polish telco market has been deteriorating, which affected particularly start-up investments as Mobilking. We believe that the new owner, being an industry player, can provide the company with a long-term perspective," Martin Danko, spokesman of Penta Investments says.

"There will be no disruption of our services and the new owner has declared to ensure full support for developing the services to existing and new customers of Mobilking," Jaroslaw Czerka, CEO of Mobilking says.

Mobilking will remain to be run on the Polska Telefonia Cyfrowa (PTC) network and PTC will support the future development of the MVNO.

About Mobilking

  • Currently, Mobilking is the largest MVNO in Poland having more than 200 000 activations since its beginning and a strong brand recognition
  • Mobilking was established by the Mobile Entertainment Company (MEC), which closed a deal with operator PTC. According to the agreement, Mobilking has been using PTC´s networks to transmit voice and data.
  • Mobilking was launched in February 2008. The operator has been primarily aimed at men, offering them telecommunication services and sports/entertainment content.

About Penta

Penta is a Central European investment group established in 1994. It operates mainly in healthcare, financial services, manufacturing, retail, media and real estate development. Its portfolio companies provide jobs to more than 41,000 people and reported assets of EUR 12 billion in 2021. Penta operates in more than 10 European countries and has offices in Prague, Bratislava and Warsaw.

Press contact

Martin Danko
External Relations Manager

Telephone +420 225 101 110
Mobile +420 731 664 771

Ivo Mravinac
PR Specialist and CZ Spokesperson

Telephone +420 225 101 109
Mobile +420 606 656 930

Lenka Vargová
PR Specialist

Telephone +421 2 577 88 710
Mobile +421 911 114 157

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