Czech Republic's Sazka says mobile phone top-up services suspended

By Caroline Salls

Pittsburgh, March 18 - Sazka, AS terminals' mobile phone top-up services were scheduled to be suspended under agreements with Telefónica O2 Czech Republic, AS and T-Mobile, according to company news releases.

Sazka said its management has already prepared draft credit and cooperation contracts that would allow for a comprehensive solution to the situation, provide all necessary means of settlement and terminate the company's insolvency proceeding.

In addition, based on the request of ČEZ, AS, Veolia Voda and Česká podnikatelská pojišťovna, AS, the service of payments by paying-in slips via Sazka terminals was suspended.

Sazka is a Czech Republic lottery company.

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