Russian set top specialist SmartLabs has made off with the contract for the largest telco operator in the Czech Republic in O2 – no longer a relation to Telefonica, but the incumbent telco that was acquired in a local buyout and then borrowed the O2 name. O2 is not only the largest fixed network in the Czech Republic (population 10.5 million) but also runs the largest cellular network. It has teamedup with SmartLabs, which says it has 6 million customers at operators as well known as MTS and Rostelecom – both Russian giants. Typically we cynically expect SmartLabs to get contracts by citing low price, but this deal shows that it’s a genuinely innovative supplier. O2 Czech Republic was a…