9th Sep 2005 08:00
Cesky Telecom A.S.09 September 2005 > PRESS RELEASE - 9. 9. 2005 > CESKY TELECOM decided on distribution of retained earnings of Eurotel Yesterday CESKY TELECOM, a.s., as the sole owner, decided on the distribution ofpart of previous years' retained earnings of its 100% owned subsidiary EurotelPraha, spol. s r.o. The portion that is to be distributed amounts to CZK 4billion. The distribution shall be made to CESKY TELECOM by December 31, 2005. For further information, please contact: VLASTIMIL SRSEN Press Spokesman Tel: +420 271 463 359 Fax: +420 271 469 896 e-mail: [email protected] CESKY TELECOM, a. s., member of the Telefonica Group, is the leadingtelecommunications company in the Czech Republic. Through its subsidiary companyEurotel Praha, spol. s r.o., it also has a significant presence in the Czechmobile services market. Further information about the firm and the services itoffers is available at www.telecom.cz, which was rated as BestWeb 2003 in theWebTop100 survey. Signum Temporis has consistently awarded CESKY TELECOM for being one of thedomestic capital market's most transparent firms in terms of providinginformation. Based on an open vote of specialists, members of the press and anine-member committee, CESKY TELECOM placed first in 2003, just as it did in2001. CESKY TELECOM ranks among the most prominent firms on the Czech capital marketin terms of capitalization and trading volumes. Its shares are also traded onthe London Stock Exchange in the form of GDRs. CESKY TELECOM's credit rating isthe highest a Czech corporation can receive from top international ratingagencies. About Telefonica Telefonica is Europe's leading integrated telecom company and second biggest inthe world. Its activities are centered mainly on the fixed and mobile telephonybusinesses with broadband as the key tool for the development of both of these. The company is operating in 40 countries and together with CESKY TELECOM has acustomer base that amounts to more than 140 million access. Telefonica has astrong presence in Latin America, where the company concentrates part of itsgrowth strategy. Telefonica is a 100% listed company, with more than 1.5 million directshareholders. Its share capital currently comprises 4,921,130,397 ordinaryshares traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao andValencia) and on those in London, Paris, Frankfurt, Tokyo, New York, Lima,Buenos Aires, Sao Paulo and the SEAQ International Exchange in London. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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