The Prague Business Journal, a weekly newspaper, reported yesterday that the government is holding early talks with Deutsche Telekom, France Telecom, Vivendi and numerous financial investors toward the sale of the its 51% stake in Cesky Telecom. Deputy Transport Minister M. Guerlichova confirmed the talks. The National Property Fund has recently put the expected revenues from Cesky Telecom privatization at CZK 80 bil. (CZK 487 per share).
(Ondřej Daťka)