The IT minister V. Mlynar said yesterday that the recent changes in Eurotel's management may hurt the planned sale of Cesky Telecom. He has asked the Anti-Monopoly Office to examine whether they comply with the conditions under which the AMO agreed on CT’s acquisition of the remaining 49% stake in Eurotel last year. Source: Czech Press Agency
Also, CT reported consolidated Q1 2004 IFRS results yesterday.
Q1 2004 Q1 2003 % change
Sales 15,030 12,712 18.2%
EBITDA 7,574 6,331 19.6%
EBIT 2,358 1,708 38.0%
Pre-tax income 1,598 1,425 12.1%
Net income 1,399 971 44.1%
EPS (CZK) 4.3 3.0 44.1%
Jitka Oppitzova