Skip to content
Advertisement

Business

Controversial France Telecom-TPSA deal to go ahead

The Treasury's high-profile deal with a consortium made up of France Telecom and Kulczyk Holding for a 35% stake in state-owned telecommunications company Telekomunikacja Polska SA (TPSA) will be signed within the next two weeks. It is unlikely the Prime Minister will decide upon the possible dismissal of Treasury Minister Emil Wasacz for his controversial handling of the deal before then. The consortium is also talking with the trade unions, and with the Telecommunications Ministry regarding regulations. It is believed there is agreement on the most important issues. The Treasury expects to net around $4 billion from the sale, $1billion more than France Telecom's initial tender a year ago. (Puls Biznesu, page: 4, Rzeczpospolita, page B2) P.S.

More from Business All