Polkomtel: four management board members suspended
The Supervisory Board of the mobile phone operator, Polkomtel, has suspended
four out of the seven members of its management board, including its c
hairman, who opposed a government plan to push the mobile operator into
fixed-line telephony. The suspended directors are: Chairman Marek Mroc
zkowski, IT Director Wladyslaw Wilkans, Financial Director Jaspers Larsen
and Marketing Director Lars Andersen. During the meeting yesterday, the
board nominated current member Andrzej Szczepek to become acting chairman of
the management board, while another management board member John Treuge
resigned. As only two of the original management board members are left, the
meeting of the supervisory board and the general shareholders meeting were
postponed until April 12. By then, the sides are to "do their best to
appoint a new management board", said a statement released after the m
eeting. Polish representatives of the state shareholders of Polkomtel, which
control 60.7 % of the shares, are in agreement with the Treasury Minister
and want Polkomtel to expand into fixed-line telephony. They also accuse the
management board on earning too high profits of zl.590 million in 2001, at
the cost of suppressing investments and dropping its market share. (Prawo i
Gospodarka, p. 4, Reuters), M.T.