According to HN daily, Telefonica O2 CR had six year contract with state for providing communication services that ended last week. State announced on the beginning of this year new tender for data services where Telefonica O2, GTS Novera and T-Systems Pragonet/CD Telematika can participate in. The value of the tender is expected around CZK 11.5bn. Our view: We see the news as negative as it doesn’t seem probable that Telefonica O2 CR would win all the services which provided to the state for the last six years.