New appointments strengthen Vivendi position in PTC

At a meeting of the supervisory board of Polska Telefonia Cyfrowa (PTC) yesterday, two representatives of French media and telecoms concern Vivendi and one of Deutsche Telekom were appointed to the company's management board. PTC, operator of Era GSM, Central Europe's leading mobile phone company, did not release any official statement following the meeting, saying instead that developments first had to be reported to the Securities and Exchange Commission (SEC) in the US, which supervises PTC's bond trading on foreign financial markets. According to analysts quoted by Rzeczpospolita, the appointment of the two new Vivendi representatives, who replace Elektrim appointees, confirms Vivendi's growing influence in PTC. (Rzeczpospolita, p. B4) M.T.