Cesky Telecom to outsource network maintenance operations to Siemens

The dominant fixed-line operator Cesky Telecom wants to outsource its network maintenance operations to the German electronics giant Siemens, as part of stringent cost-cutting plans. In an interview for the German business daily Handelsblatt, the Cesky Telecom chairman Gabriel Berdar said the company would do a trial run for a couple of months. If it works out, a deal could be sealed in the second or third quarter of this year. The move would cut around 3,300 jobs at Cesky Telecom, in which the Czech government wants to sell a 51-percent stake, the newspaper said.

Author: Dita Asiedu