February’s decision of sector regulator concerning Cesky Tel unpaid dial-up fees in amount of CZK 23m (cEUR 800k, less then EUR 0.01 per share) to alternative telco operator Tiscali was confirmed by court. However Cesky Tel plans to appeal the courts decision again.
Our view:
Nature of the news is negative for Cesky Tel as it seems it will have to pay due amount to Tiscali, however the amount is only marginal and should not affect trading with Cesky Tel.