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CORPORATE NEWS

EuroTel's ownership structure finalized

EuroTel Ltd., a mobile telephone network operator and supplier located in Bratislava, will be transformed into a joint stock company, with 60 percent to be held by Slovak Telecom and 40 percent by the Atlantic West consortium of US West Media Group and Bell Atlantic, according to an agreement the two partners signed on November 22. Until the agreement, 49 percent in EuroTel was held by the American partner. The rearranging of EuroTel's ownership structure was one of the conditions for the firm to obtain a license to operate the GSM mobile phone network. EuroTel will begin providing GSM services in March, 1997 at the latest, company officials said. The main supplier of the GSM network infrastructure and voice mail will be the Swedish company Ericsson.

Top stories

Coalition only agrees on how to talk. But what will they talk about?

Budget talks to decide on concrete policies. Danko wants airplanes, Fico wants better pay for nights and weekends.

Danko, Fico, Bugar.

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska