Poland has adopted this path after years of foot-ragging. It will sell shares of its carriers early next year. This, however, is not a solution available to small countries with an undeveloped stock exchange and low liquidity. To float the local PTT in the Macedonian Stock Exchange would be absurd. Even to attract domestic capital in sufficient quantity would be unthinkable.
Some countries avoid privatization altogether.
But experience disproves the Slovak stance. Another result, cutely felt by every potential voter, is the radical increase in the price of local phone calls which used to be subsidized by the outlandish charges imposed on international calls. But the price of all other services drop as sharply and there is a dramatic improvement in the quality and speed of the services provided. The technological aspect is not to be sneered at, either. The current infrastructure is insufficient in all Central and East European countries.