The regional court confirmed the fine imposed by Czech Antitrust Office (UOHS) of CZK 80m (EUR 2.8m) or CZK 0.25 per share (less than EUR 0.01) for abusing dominant ADSL position. The dispute last for four years and originally imposed fine was lowered by CZK 10m. According to company’s spokesman Telefonica O2 CR is in the right and could appeal the decision. Our view: As the dispute last for some time and provisions have been made we believe news is priced in already and we do not expect any trading impact.