Eurotel CEO T. Valeski will reportedly join Cesky Telecom BoD. Eurotel (the No. 1 domestic mobile operator, 100%-owned by CT) has an excellent management track record and Mr. Valeski may help to enforce the restructuring program in CT (a more customer-oriented approach, synergies between fixed-line and wireless business, etc.). Source: CTK
Separately, Deutsche Telecom reiterated it is uninterested in the CT privatization (it is reportedly satisfied with its presence in the CR through its 61% stake in T-Mobile CR, the No. 2 domestic mobile operator). Source: CTK
Jan Hájek, Patria Finance