President of the UOKiK granted the consent for Netia to acquire Tele2 Polska Sp. z o.o. (satisfaction of a condition precedent of a material agreement) (43/2008)
WARSAW, Poland, September 5, 2008: Netia SA (“Netia” or the “Company”), Poland’s largest alternative provider of fixed-line telecommunications services, announced that today the Company’s proxy received a decision from the President of the UOKiK No. DKK 71/08, dated September 3, 2008, granting a consent for concentration through Netia taking the control over Tele2 Polska sp. z o.o. with its seat in Warsaw (“Tele2”).
In its current report No. 35/2008, dated June 30, 2008, Netia informed that it concluded an agreement with Tele2 Sverige AB to buy 100% interest in Tele2. As noted in the above report, the completion of this transaction is dependent, among others, on the receipt of the consent from the President of the UOKiK for the acquisition. Thus, the above condition precedent has been fulfilled.