The government’s privatization committee for Ceske radiokomunikace yesterday recommended that the Ceske radiokomunikace tender be canceled, and suggested that the government negotiate a better price (with TeleDanmark) in the shortest possible time. Cabinet is to decide on the issue on Monday, April 9. Government officials had previously indicated that they would seek an improved bid from TeleDanmark, and the committee’s recommendation paves way for this. The news was out yesterday morning and should be fully reflected in the stock price.
(Ondřej Daťka)