Warsaw (Puls Biznesu) – Polish antimonopoly authorities UOKiK has started investigation against Vivendi Universal. The French media concern may be fined because the company had not informed UOKiK that it wanted to control Elektrim Telekomunikacja (ET) telecommunication company. It was Elektrim, another shareholder of ET, who filed the suit against Vivendi Universal.
Elektrim and Vivendi Universal have both 49 percent in ET. A 2-percent stake belongs to Ymer Finance. Vivendi was going to acquire the company. The case is being investigated in the London arbitrary court. Vivendi wants it to say that it had never control a majority stake in ET. Elektrim wants the previous agreement to be cancelled because the French company wanted to mislead it. Similar investigations in USA and France proved that Ymer Finance is controlled by Vivendi.
ET was the owner of a 49 percent stake in PTC, Poland’s mobile operator. The stake has been recently written as owned by Elektrim. This case is also under court proceedings at the moment.Poland/Enterprises/Telecommunication