Ceske radiokomunikace should report its Q1 CAS unconsolidated results today

Ceske radiokomunikace should report its Q1 CAS unconsolidated results today (previously planned for Friday of last week). These figures have little relevance since they do not include the results of the cellular operator RadioMobil (39% owned by Ceske radiokomunikace) nor the fixed-line operator Contactel (50% owned by Ceske radiokomunikace). Nevertheless, our projections are:

(CZK mil.)     Q1 2002E	   Q1 2001	% change
Revenues	 809	     716	  13.1%
EBITDA	         347	     304	  14.4%
EBIT		  34	      42	 -18.7%
Net Income	  62	      67	  -6.8%

(Jiri Soustruznik)