The Czech Press Agency quotes a spokesman from the Finance Ministry as saying that the Cabinet will discuss a Cesky Telecom (CT) draft privatization contract by the end of November (i.e., next week), but probably not at its Monday (November 25) meeting.
We believe it is increasingly likely the CT privatization will be canceled, and as such we recently upgraded the stock to a speculative buy (see our report on Cesky Telecom dated November 18, 2002).
Jiri Soustruznik