Telefónica O2 Czech Republic - 2007 Full Year Financial Results

Telefónica O2 Czech Republic, a.s. is pleased to announce its audited financial results for the fiscal year 2007. These results are consolidated and prepared according to International Financial Reporting Standards and fully include the Slovak operation.

Revenues from broadband services (ADSL, IPTV and content) amounted to CZK 3.7 billion in 2007, up by 34.3% yoy. Of this, CZK 3.3 billion represented revenues from retail broadband (up 40.3% yoy) and CZK 391 million from wholesale ADSL services (down 1.2% yoy). The total number of ADSL accesses (retail and wholesale) reached 570 thousand at 31 December 2007, compared to 470 thousand a year ago (up 21.3% yoy). The total number of O2 TV’s customers increased to 73 thousand at the end of 2007, representing 20 thousand net adds in 4Q 2007, up from 16 thousand in 3Q 2007. The successful take up of bundled products is the main driver for O2 TV net additions improvement in 4Q.