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Detail - articles

Delaying the new frequency auction is slightly positive for Telefónica CR, although it is no game changer

25/04/2013 09:13
Author: Tomáš Sýkora, Patria Finance

The cabinet did not address the issue yesterday of a successor to Chair Pavel Dvorak of the CTU telecoms regulator, although his term in office expires at the end of April. A decision to extend the consultation period for the new frequency auction by two weeks, to May 22, might relate to the fact that CTU will be without a chairman. PPF said, though, that CTU was doing it for the incumbent operators, which it said want to delay the auction as much as possible. /We see a delaying of the auction as slightly POSITIVE for Telefonica CR although it is not any „game-changer“ in our view and we do not recommend buying SPTT shares.


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