Czech Govt Agrees To Launch Telecom Privatization
Published:
16 December 1999 y., Thursday
The Czech government agreed to launch a tender process for selling some or all of the remaining 51 percent state-held stake in the fixed-line monopoly SPT Telecom a.s. . Transport and Communications Minister Antonin Peltram told a news conference on Monday after a Cabinet meeting that the process would begin by selecting a global adviser for the tender in early 2000 and should be completed with a winner named in late 2000 or early 2001."If everything proceeds well, the privatization of the state stake could be concluded by the end of 2000 or the beginning of 2001," Peltram said, adding that the offer would have to be more advantageous for the state. Peltram subsequently said the government was aiming to sell all of its 51 percent stake in the company.
Peltram added that he thought the Dutch-Swiss consortium TelSource - comprised of KPN Telecom and Swisscom AG which already holds about a third of SPT shares - should not have priority over other bidders in the tender.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
In its first meeting in 2010, the Gas Coordination Group, under the chairmanship of the Commission, has focused today on the assessment of the situation on security of gas supply in the EU-27 and countries of the Energy Community and discussed priorities for the work of the Group in 2010.
more »
Luc Van den Brande, President of the EU Committee of the Regions (CoR), has used his first meeting with the President of the European Council, Herman Van Rompuy, to underline the importance of consultation between local, regional and national authorities.
more »
Basile Nkwesi, Directeur Commercial of Multiprint, speaks for dozens of frustrated business managers in this busy enterprise center when he talks about Cameroon’s costly and unreliable electricity.
more »
During 2009, over 2400 new corporate clients, whose total number currently exceeds 16 thousand, began using Bank SNORAS services.
more »
In 2009, the European Investment Bank (EIB) provided EUR 2.5 billion in 16 credit lines for financing the investment projects of SMEs (EUR 1 955 million) and local authorities (545 million) in Spain.
more »
In 2009, the number of counterfeit euro coins removed from circulation was 172 100, down from 195 900 the year before.
more »
Haiti began participating in the International Monetary Fund’s General Data Dissemination System on December 28, 2009, marking a major step forward in the development of its statistical system.
more »
According to the data of NASDAQ OMX Vilnius Stock Exchange, the price of Bank SNORAS registered ordinary shares grew by more than 2.5 times.
more »
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Cadbury PLC of the UK by Kraft Foods Inc. of the US by way of public offer.
more »
Statistics Lithuania informs that construction input prices inNovember 2009, against October, dropped by 0.5 percent.
more »