The Polish national telephone operator Telekomunikacja Polska SA (TPSA) was fined 54.1 million zlotys
Published:
2 February 2001 y., Friday
The Polish national telephone operator Telekomunikacja Polska SA (TPSA) was fined 54.1 million zlotys (14.1 million euros, 13.1 million dollars) on Monday for monopolistic practices by the country's competition authority.
Despite a warning in July, TPSA continued to apply artificially high tariffs for intercity calls of longer than 100 kilometers (62 miles), the competition and consumer protection office told PAP news agency.
The competition authority said the high tariffs for intercity calls allowed TPSA to subsidize local services for which there is some competition.
Poland will completely liberalize the local and domestic intercity market in January 2002 and intercity calls in January 2003.
A France Telecom-led consortium paid 4.6 billion euros for a 35-percent stake in TPSA last year.
Šaltinis:
FPA
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 EBRD is supporting the modernisation of transport infrastructure in Serbia with a €150 million sovereign loan to finalise the construction of a new motorway section along the strategic Corridor X.
more »
The Executive Board of the International Monetary Fund (IMF) today completed the first review of Romania’s economic performance under a program supported by a 24-month Stand-By Arrangement (SBA).
more »
The Executive Board of the International Monetary Fund (IMF) today approved a three-year, SDR 13.57 million (about US$21.5 million) arrangement under the Poverty Reduction and Growth Facility (PRGF) for the Union of the Comoros.
more »
The Executive Board of the International Monetary Fund (IMF) today completed the second review of Mongolia's economic performance under a program supported by an 18-month Stand-By Arrangement (SBA).
more »
Parex banka has established a subsidiary, SIA NIF (“Nekustamo īpašumu fonds”, or “Real Estate Fund”), which will professionally manage assets that are not related to the Bank’s core business.
more »
In his address at the Lithuanian-Belarusian Business Forum “Belarus and Baltic States: new prospects for cooperation”, Prime Minister Andrius Kubilius has pointed out that Lithuania sees Belarus as creating its future in Europe...
more »
JDRF Employs VoIP and Web-Based Video Collaboration Enabled by Cisco for More Effective Teamwork Among Employees and Constituents.
more »
On 16 September 2009, AB Bank SNORAS group finished the transaction during which it purchased from AB “Invalda” with its own funds 100 per cent of the shares of AB “Finasta įmonių finansai”, managing AB Bank “Finasta”.
more »
Federal Reserve Chairman Ben Bernanke that the worst U.S. recession since the Great Depression was probably over, but the recovery will take time.
more »
Growth expected to return in the second half of 2009. Forecasts are still uncertain but fears of a severe, prolonged recession are fading.
more »