Vivendi to appeal US court decision over PTC

9 Jun 2008

Vivendi announced last Friday that it would appeal a decision by a US District Court that rejected its claim against Deutsche Telekom in the battle over ownership of Polska Telefonia Cyfrowa (PTC). The dispute involves a 48% stake in PTC, formerly owned by Polish conglomerate Elektrim, which Deutsche Telekom bought in October 2006. Vivendi regards the deal as illegal, arguing the stake was lawfully owned by Telco, a joint venture controlled by Vivendi.

Poland, Deutsche Telekom (DT), T-Mobile Poland