In response to Monday reports of a possible breakthrough in Eurotel talks, Cesky Telecom yesterday confirmed its desire to increase its exposure to the cellular telephony but denied that a deal is imminent, saying that the discussions with the owners of the remaining 49% stake in Eurotel are at an early stage. Bessel Kok, Cesky Telecom’s deputy CEO, said that expecting an agreement on the sale of the minority stake in Eurotel by end of this week is unrealistic. These statements did not have much impact on the stock yesterday, but may prevent the stock from making further gains today.
(Ondřej Daťka)