Has the DT-PTC game of "cat and mouse" come to an end?

The German investor has been announcing its plans to purchase 100% of shares in the company for two years now. DT was ready to pay EUR 1.3 billion to acquire the largest domestic mobile operator. Although the official reasons behind the decision were not revealed, such an announcement was made a day after PTC bondholders rejected the proposition of an early buy out of their bonds. The creditors who are to receive zł.2 billion from Elektrim by mid December 2005, demand more guarantees that the money will actually make it to their bank accounts. (Puls Biznesu, p. 9; Parkiet, p. 4) A.K.