PRAGUE — A new telecommunications law now in preparation is expected to finally liberalize the industry in the Czech Republic.
According to Petr Moos, the chairman of the Assn. of Cable Television and Telecommunications, “The new law will open all the telecom market.”
US West bought into SPT Telecom, which currently has a monopoly on the market, over two years ago. But it is just one of the foreign companies pumping funds into cable infrastructure here. More recent investors include the Dutch company Nuon, in a joint venture with local cabler Dattel, and Baring Communications Equity, which recently bought into TES Litnov, one of the country’s largest cable operators.
Moos said some small pockets have already broken the SPT monopoly, and cable operators like Kabel Plus (with U.S. majority ownership) and Dattel are beginning to stretch their operations into telephony.