Telefonica O2 Czech Republic, a.s. is pleased to announce its unaudited financial results for the first quarter of 2008. These results are consolidated and prepared according to International Financial Reporting Standards and fully include the results of Telefonica O2 Slovakia.
"I am pleased that the group's revenues performance for the first quarter of 2008 was supported by continuing growth of our mobile segment. Our strategy in the fixed line business focusing on growth areas of broadband, IPTV and convergent services resulted in 28% growth of ADSL and IPTV customers compared to the same period last year. At the same time we were able to maintain healthy profitability level while absorbing the impact of the start up costs of our Slovak operation," said Salvador Anglada, Chief Executive Officer and Chairman of the Board of Directors of Telefonica O2 Czech Republic, when commenting on the operator's financial results.
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