Telefónica O2 CR reports first half results

26 Jul 2006

Telefónica O2 Czech Republic has announced that revenue for the first half of 2006 was down 0.1% year-on-year to CZK30.1 billion (USD1.3 billion), EBITDA grew by 5% to CZK14.5 billion, while net income soared to CZK4.3 billion. The flat revenues are due to ongoing falls in traditional voice services failing to be offset by growth from the mobile and broadband sectors.

Czech Republic, O2 Czech Republic (incl. CETIN)