Vodafone's four-page missive sent to the European Commission and senior Polish officials underscores the fears of foreign investors when they step foot in Poland
Published:
1 June 2004 y., Tuesday
Vodafone's four-page missive sent to the European Commission and senior Polish officials underscores the fears of foreign investors when they step foot in Poland - especially when they have already invested millions of złoty here.
The letter, besides specifically pointing out four areas of contention, concerns the draft telecoms law and generally highlights the dire position of the country's law making body - something that has received negative attention in both Warsaw and Brussels.
"As we all know, this is very important from the point of view of making long-term investment in the new technologies sector," says Elżbieta Sadowska, spokeswoman for Polkomtel, the operator of the Plus GSM brand. Vodafone owns a 19.6 percent stake in the firm and has expressed interest that, along with TeleDanmark (also an owner of 19.6 percent), it would like to gain majority control of the nation's number three operator.
The UK-based operator had this stake in mind when it sent the letter late last Wednesday, stating: "Vodafone would like to express its utmost concern regarding development in Poland concerning the regulation of the electronic communications sector."
Šaltinis:
wbj.pl
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The future of Europe's troubled car market and 12 million jobs was under scrutiny Tuesday.
more »
Europe must take the lead in finding solutions to the global crisis at next week's G20 summit, British prime minister Gordon Brown told MEPs in a speech in Strasbourg on Tuesday that was warmly welcomed by leaders of the main political groups.
more »
The US and Europe are in the worst economic crisis since the 1930s. With unemployment rising dramatically and businesses failing, fear is spreading.
more »
Monday evening sees MEPs consider the emotive subject of food prices in Europe.
more »
Shares in Wincor Nixdorf AG have fallen 3.5 percent and the ATM company says it is preparing to cut production hours.
more »
Leaders agreed to use €5bn in unspent EU funds to upgrade energy and internet connections. And they raised the ceiling on EU aid to countries having difficulties.
more »
Charges on heavy-goods vehicles should be based in part on the air and noise pollution they produce, according to legislation approved by the European Parliament today.
more »
EU agriculture officials are about to get a reality check. Starting next year, their on-the-job training will include a stint on a working farm.
more »
Privatisation, balanced budgets, low public deficits, and free trade have long been the mantra for prudent economic management.
more »
Building roads and pipelines, ensuring food safety, improving education, fighting discrimination and boosting jobs are all funded from the EU budget.
more »