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Home - Czech govt. to sell stake in SPT Telecom
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Czech govt. to sell stake in SPT Telecom

by Reily Gregson December 20, 1999
written by Reily Gregson December 20, 1999 Share
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PRAGUE, Czech Republic-The Czech government agreed to sell some of its 51-percent stake in SPT Telecom, the country’s fixed-line monopoly. The tender should be completed by the end of 2000 or early 2001, according to international press reports.

SPT Telecom owns 51 percent of Eurotel Praha, the country’s largest mobile operator. Tele Danmark and Deutsche Telekom have been mentioned by analysts and in press reports as possible bidders.

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