According to reports by the Prague Business Journal and CTK yesterday, TelSource (KPN + Swisscom), the current strategic investor in Cesky Telecom, is considering taking part in the privatization tender in a consortium with one of the existing bidders (specifically, the consortium CVC Capital Partners/Spectrum Equity has been mentioned). In this way, KPN and Swisscom would turn their current combined 33.5% Cesky Telecom stake into a much smaller effective stake, which could be relatively easily disposed of in the future. Interesting news, but unlikely to have impact on the stock.
(Ondrej Datka)