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REACTIONS TO SALE OF CROATIAN TELECOM SHARES

ZAGREB, Oct 4 (Hina) - Advisors at Deutsche Telekom in EPIC did not wish to comment on Monday's decision by the Croatian Government for the sale of 35 per cent of shares in Croatian Telecom (HT) at a price of 850 million US dollars. Reasons given by EPIC were that they were waiting for Deutsche Telecoms' central office for its comments, likely to be given Tuesday. Runner up Telia/Telenor's advisors too did not wish to comment on the government's decision. Commenting on the government's decision regarding the decision to accept Deutsche Telekom's offer, president of the Croatian Postal and Telecommunications Union Josip Pupic said that the "Government only took into consideration the current interests of the state budget". This decision does not consider the long term interests of Croatia's citizens, particularly those employed by HT, Pupic said, adding the union will now be faced with the difficult task of p
ZAGREB, Oct 4 (Hina) - Advisors at Deutsche Telekom in EPIC did not wish to comment on Monday's decision by the Croatian Government for the sale of 35 per cent of shares in Croatian Telecom (HT) at a price of 850 million US dollars. Reasons given by EPIC were that they were waiting for Deutsche Telecoms' central office for its comments, likely to be given Tuesday. Runner up Telia/Telenor's advisors too did not wish to comment on the government's decision. Commenting on the government's decision regarding the decision to accept Deutsche Telekom's offer, president of the Croatian Postal and Telecommunications Union Josip Pupic said that the "Government only took into consideration the current interests of the state budget". This decision does not consider the long term interests of Croatia's citizens, particularly those employed by HT, Pupic said, adding the union will now be faced with the difficult task of preserving jobs at HT and preventing dismissals. (hina) sp/ha

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