The board of directors of Cesky Telecom, meeting yesterday, did not appoint G. Berdar as the new CEO of the company due to continuing contract negotiations with Mr. Berdar.
Separately, the board reportedly discussed the acquisition of the remaining 49% stake in Eurotel, its subsidiary mobile carrier, though no decision was taken. The next board meeting is scheduled for the half of May.
Both news items are neutral for the stock.
Jiří Soustružník