The Slovak Spectator reports that Deutsche Telekom has decided once again to withhold dividends from the Slovakian government, a 49% shareholder in Slovak Telekom, in which the German telecoms giant owns a 51% stake. The state has repeatedly tried to secure payment of extraordinary dividends from retained earnings, currently worth EUR258 million (USD341 million), but voting at the parent group’s shareholders meetings has consistently gone against the move. Slovakia’s Ministry of the Economy complained: ‘Deutsche Telekom approaches Slovak Telekom differently to its shareholdings in other countries.
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OVETEL No dividends from Germans once again for Slovakia
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