Cesky Tel (CT) has reported a connection of 350k ADSL customers in Czech Republic. Its customer base has risen by 27% since the beginning of this year. Increased broadband internet connection interest accelerated last February with average 8,000 connections per week going forward. Besides, CT increased its network coverage by 7% year-to-date. Broadband internet is key service for CT to stop long-term decline in fixed line business. Thus we see the news positively, however the Cesky Tel price will be driven by 1Q06 figures due out today at 15:30 CET. Nonetheless we reiterate our Hold recommendation.