In Brief: Deutsche Telekom sets sights on PTC; Jutrzenka; Plus GSM
Europe's biggest telecommunications operator, Deutsche Telekom (DT), which
is willing to take over full control of Poland's dominant mobile operator
PTC, said it would not hurry with the transaction as it enjoys its current
capital position in the country. DT is also worried about a possible
consolidation, after taking control, of PTC's debts with its own, which
exceed euro 64 billion. (Puls Biznesu, p. 6) ... Confectionery company
Jutrzenka, which recorded a zl. 4.4 million net loss in the first quarter of
2002, gave assurances that by the end of the year it would have both
operational and net profits. On Saturday, the shareholders came to an
agreement regarding the purchase of shares in the company, owing to which
financial investors now have the opportunity of gaining control over the
firm. To date, the controlling stake has been in the hands of the company's
employees. (Prawo i Gospodarka, p. 6) ... Plus GSM is the first mobile
telecom operator in Poland to introduce information and entertainment
services using the new MMS technology - a means of transferring information
combining color pictures, animation, text and sound. (Prawo i Gospodarka, p.
6) M.T