PTC ownership struggle gets ugly
French conglomerate Vivendi said Tuesday that it has filed a criminal complaint against German carrier Deutsche Telekom (DT) and Polish utility Elektrim. The move highlights how ugly the situation in Poland is becoming as both Vivendi and DT fight to protect their respective interests in Polish mobileco Polska Telefonia Cyfrowa (PTC). DT and Vivendi have [...]
DT rejects Vivendi’s PTC bid
German incumbent Deutsche Telekom has rejected the offer from Vivendi to buy DT’s 49 per cent stake in Polish mobile operator Polska Telefonia Cyfrowa (PTC). As reported by telecoms.com Tuesday, Vivendi put Eur2.5bn on the table to take control of PTC, but reports in the German press state that DT is not prepared to sell [...]
Vivendi makes Eur2.5bn bid for PTC
French media and telecommunications group Vivendi, on Tuesday said it had made a EUR2.5bn bid for Deutsche Telekom’s (DT) 49 per cent stake in Polish mobile-phone operator Polska Telefonia Cyfrowa (PTC). DT and Vivendi have battled over PTC for several years, often in court and the bid is aimed at ending uncertainty over the future [...]
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