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Vodafone plans to keep Polkomtel hanging on the line

According to Polkomtel's statute, they should pay within five days from the moment they accept TDC's offer. For the time being, the parties involved in the transaction are waiting for a court ruling in relation to a protest from Vodafone, which claims that the deal violated the statute. The British telecom announced that it will take the case to arbitration court. "We have taken steps to go to arbitration, but first we will wait a few weeks until TDC's appeal is resolved," said Vodafone's spokesman Ben Padovan. President of TDC Mobile International Henning Vest, said he believes there are no grounds to take the case to arbitration court as all the parties involved in the transaction agreed to it and accepted the price. The deal will be in majority financed by money from Polkomtel in the form of dividends to the shareholders. (Parkiet, p. 1) M.M.

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