Radiomobil (39% owned by Ceske radiokomunikace, 61% owned by T-Mobil) released selected H1 data yesterday. Sales stagnated at CZK 10.1 bil., EBITDA reached CZK 4.7 bil., and the company’s customer base increased to 3.15 mil. of customers. The results are marginally better than we expected (we expected EBITDA of CZK 4.4 bil., for example), but Ceske radiokomunikace stock is unlikely to be moved by the data.
Jiri Soustruznik