Telefónica O2 Czech Republic - 2008 First Half Financial Results

Telefónica O2 Czech Republic, a.s. is pleased to announce its unaudited financial results for the first half of 2008.

CZ Fixed Segment Overview

Revenues from Internet & broadband increased in total by 8.3% yoy to CZK 2.1 billion in 1H 2008 (+6.9% in 2Q alone) as a result of 13.9% growth in revenues from broadband based services (ADSL, IPTV and content) confirming the company’s strategy to focus on ADSL and IPTV based services and premium content. Revenues from broadband services amounted to CZK 2 billion in 1H 2008, up by 13.9% yoy. Of this, CZK 1.9 billion represented revenues from retail broadband (up 17.5% yoy) and CZK 175 million from wholesale ADSL services (down 14.2% yoy). The total number of ADSL accesses (retail and wholesale) reached 598 thousand at 30 June 2008, compared to 527 thousand a year ago (up 13.5% yoy). The total number of O2 TV’s customers increased to 98 thousand at the end of 2Q 2008.

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