Slovak prime minister Robert Fico has overruled a proposal from the economy minister Thomas Malatinsky to sell off the government’s minority stake in incumbent PTO and cellular network operator Slovak Telekom (ST). As reported last month by CommsUpdate, Malatinsky stated that the government should resume a plan to sell its 49% stake in ST, while TeleGeography’s GlobalComms Database notes that the previous administration had planned to offload its shares in ST by autumn 2012 at the latest, preferably via an initial public offering (IPO) – partly due to disgruntlement at majority owner Deutsche Telekom refusing to pay dividends
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OVETEL Fico rejects Malatinsky plan for immediate sale of entire Telekom stake; still considering options
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