Longest running show in town rumbles on

4 Jan 2008

T-Mobile has filed a lawsuit against Poland’s Elektrim for USD5.8 billion. Parent company Deutsche Telekom claims it is losing money in the prolonged battle with Elektrim and Vivendi for control over Polish cellco Polska Telefonica Cyfrowa (PTC). The companies involved have been battling over the ownership of PTC for the last seven years. The move follows a complaint filed by Vivendi in September 2006 to the Racketeer Influenced and Corrupt Organisation (RICO) in the US, claiming that the German cellco had illegally appropriated Vivendi’s USD2.5 billion investment in PTC, through a pattern of fraud and racketeering.