Cesky Telecom being watched over Eurotel takeover

22 Apr 2003

The Czech Republic’s Cesky Telecom has been involved in talks with Eurotel, Verizon Communications and AT&T Wireless over a full takeover of Eurotel. Cesky Telecom , which already owns a 51% stake in the operator, is being closely watched by the Czech Securities Commission, which suspects that it is aware of information which will affect Eurotel’s share price.