As part of the consortium, Germany’s ACP Axos Capital Gmbh has partnered with US-based investor Najafia Companies to bid for the operator.
UK operator BT has stated it will play a role in an advisory capacity.
The consortium placed a higher bid than Lebanese M1 International and has been given four months to pay the fee for a 75% stake in the mobile and fixed-line operator.
PTK will retain 25% in the company for at least another five years and the sale does not include the postal arm of PTK, which will spin off into a new company.