CSA's financial plans revealed. Losses at the Checkout. Ceske Drahy agrees to wage hike. UPC-Karneval merger approved. State debt grows. Czechs Leaders in SMS Giving.
CSA's financial plans revealed
Losses at the Checkout
Ceske Drahy agrees to wage hike
UPC-Karneval merger approved
Two of the Czech Republic's cable broadband providers may merge, says the Czech antitrust office. UPC, the country's largest cable and broadband provider, wants to buy Karneval to form a telecommunications service that will reach 800,000 Czech customers, and challenge Telefonica/O2. UPC must, however agree to not raise its prices beyond a certain level, said the antitrust office. This year the office approved all proposed mergers.
State debt grows
The daily Pravo reports that Czech state debt will top 800 million crowns in 2006. That puts the per capita Czech debt at 80,000 crowns, or about 4,000 US dollars. Czech state debt has been on the increase since 1997, and the government has come in for some criticism over it. In November an International Monetary Fund mission found that the Czech government was not doing a good job with public budgets.
Czechs Leaders in SMS Giving
Hospodarske Noviny reports that the Czech Republic is so far the only country on earth where it is possible to make a charitable donation via text message, known as a darkova esemeska, or DMS. The Forum Darcu, or Czech Donor's Forum, has an agreement with all mobile phone providers making it easy to deduct an amount from your prepaid Czech phone card, and send it to a charity of your choice.