No end to PTC row in sight as ET vows to fight ruling

The decision is, therefore, now in force in Poland and, according to Elektrim, the 48% stake in the operator belongs to them and not Elektrim Telekomunikacja (ET), which is controlled by the French media concern Vivendi. The court's decision, however, does not bring the conflict to a close because ET is of a totally opposite opinion, claiming that the verdict does not influence the shareholder's structure of PTC. The only way to solve this problem would be an amicable agreement between Vivendi, Elektrim and Deutsche Telekom, which currently has 49% of PTC and hopes to raise its stake. ET says it will appeal. (Puls Biznesu, p. 8; Parkiet, p. 2) A.K.