French fancy for PTC
French media concern Vivendi wants to raise its stake in the holding company that controls Poland's largest mobile telecom operator PTC.
At the moment Deutsche Telekom owns 49 percent of PTC and last year bid e1.3 (zł.5.3) billion for the 51 percent held by Elektrim Telekomunikacja (ET), a joint venture of Vivendi and troubled Polish conglomerate Elektrim.
"In light of Elektrim's strategic shift toward the power sector, Vivendi plans to raise its investment engagement in [ET]," Vivendi said in a statement issued last week. Vivendi has 51 percent of ET. (Reuters) J.T.
At the moment Deutsche Telekom owns 49 percent of PTC and last year bid e1.3 (zł.5.3) billion for the 51 percent held by Elektrim Telekomunikacja (ET), a joint venture of Vivendi and troubled Polish conglomerate Elektrim.
"In light of Elektrim's strategic shift toward the power sector, Vivendi plans to raise its investment engagement in [ET]," Vivendi said in a statement issued last week. Vivendi has 51 percent of ET. (Reuters) J.T.
