T-Mobile CR released its CAS H1 figures yesterday

T-Mobile CR, the No. 2 domestic mobile operator, 39% owned by Ceske radiokomunikace, unexpectedly released its CAS HI figures yesterday:

CAS, CZK mil.     HI 2003      HI 2002      % change
Sales             11,500        9,775        15.00%
EBITDA             5,300        5,475        -3.30%
Pre-tax Income     2,700        3,159       -17.00%
Net profit         1,830        2,590       -29.34%
Cust.mil. eop.     3,610        3,150        14.60%

The figures were broadly in line with our expectations; a more detailed analysis of T-Mobile CR’s HI performance will be available following its German GAAP HI figures on August 14, which are used by the analysts.

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