Czech officials decline to reveal details on Cesky Telecom sale offers
Czech officials have refused to reveal details about the companies that had submitted preliminary offers for the state's 51.1 percent stake in the telecommunications company Cesky Telecom. The deadline for submitting non-binding offers passed on Thursday. Six European telecommunications companies - France Telecom, Belgacom, Swisscom, Telefonica, TDC and Vodafone - as well as four financial groups had shown interest in taking control of Cesky Telecom. Denmark's TDC, however, announced that it had decided to pull out of the tender.