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T-HT denies allegations of plans to exit fixed telephony, major layoffs

ZAGREB, Jan 30 (Hina) - The T-Croatian Telecom (T-HT) company issued apress release on Sunday refuting a newspaper's allegations that itintends to fire 3,775 employees and exit the fixed telephony market bythe end of 2006.
ZAGREB, Jan 30 (Hina) - The T-Croatian Telecom (T-HT) company issued a press release on Sunday refuting a newspaper's allegations that it intends to fire 3,775 employees and exit the fixed telephony market by the end of 2006.

T-HT said the article published by Novi List contained a series of untrue and incorrect claims aimed at deluding the public.

The company labelled as ill-intentioned and tendentious the allegation that it is deliberately cutting optical cables to obstruct the competition.

Novi List said today it was in possession of a confidential document from Deutsche Telekom (DT), the majority owner of T-HT, dating back to January 2004. According to the daily, the document refers to a two-year business development and economising plan for T-HT under which DT intends to lay off 3,775 workers by the end of next year.

T-HT said in today's press release that the only relevant document pertinent to its plans was the business plan adopted by the management.

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