A high-ranking FinMin official is quoted today in MFDnes as saying that the government will be lucky to get half the projected CZK 20 bil. revenues from the sale of UMTS licenses. This statement could be seen as an indication that the government is realizing the necessity to be flexible in further negotiations with the operators on price and/or the conditions of the UMTS licenses, i.e. slightly positive for the two telecom stocks.
(Ondrej Datka)