Deutsche Telekom To Pay EUR1.4 Billion More To Elektrim, Vivendi For PTC
15 Diciembre 2010 - 3:33AM
Noticias Dow Jones
Germany's Deutsche Telekom AG (DTE.XE) said Wednesday it will
pay an additional EUR1.4 billion to Elektrim and France's Vivendi
S.A. (VIV.FR) as part of an agreement to settle all legal disputes
regarding Polish mobile Polska Telefonia Cyfrowa, or PTC.
Deutsche Telekom has entered into an agreement with the French
company Vivendi, the Polish company Elektrim and creditors of
Elektrim to secure 100% ownership of the Polish mobile operator
PTC.
Deutsche Telekom already paid EUR0.7 billion in 2006, which
means that the company is paying a total of EUR 2.1 billion toward
final settlement of all litigation.
The agreement between the three parties has been signed
Wednesday.
Closing of the transaction is subject to conditions.
-By Natascha Divac, Dow Jones Newswires; +49 69 29725 500;
djnews.frankfurt@dowjones.com
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