TEF O2 Slovakia announced that it has 110,000 active users after two weeks of operations.
As we previously informed there have been 600,000 users who registered on-line for TEF O2 Slovakia’s SIM card with favorable offer. This however didn’t represent actual number of users. As it proves only 110,000 users are actually active, which is approx. 2% market share. Recently the news about the penetration in Slovakia showed it has increased to 96.5%. We see the news as neutral.