Disclosure of Telekomunikácie privatisation contract to take some time

It will take some time before the privatisation contract for the sale of Slovenské Telekomunikácie (ST) is disclosed, Economy Ministry spokesman Branislav Zvara told the TASR newswire on November 8.

It will take some time before the privatisation contract for the sale of Slovenské Telekomunikácie (ST) is disclosed, Economy Ministry spokesman Branislav Zvara told the TASR newswire on November 8.

The Supreme Court ruled on Tuesday, November 3, that keeping the privatisation contract for ST classified was unlawful and that the contract will have to be made public.

According to Zvara, in addition to analysing the ruling, the ministry will also have to consult with ST's majority owner Deutsche Telekom. The ministry is currently waiting for the court's decision to be delivered and will subsequently send it on to Deutsche Telekom.

A 51-percent stake in fixed-line company Slovenské Telekomunikácie was sold by Mikuláš Dzurinda's government to Germany's Deutsche Telekom in 2000. The Supreme Court's ruling on the matter was instigated by civil association Citizen and Democracy which has long struggled to have the contract declassified.

“We've been calling for this for years, so it's happened at last,” said Šarlota Pufflerová from the association. TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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