Press Release Telefonica Slovakia profits distrib.

Telefónica Slovakia, s.r.o. will distribute its profits

December 13, 2013

Telefónica Slovakia, s.r.o. will distribute its profits to the amount of EUR 32.8 million from the accumulated profit from previous periods account to the Sole Participant, Telefónica Czech Republic, a.s.. The decision was made today by the Board of Directors of Telefónica Czech Republic, a.s., exercising the powers vested to the general meeting of Telefónica Slovakia, s.r.o..

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Telefónica Czech Republic is a major integrated operator in the Czech Republic. It is now operating almost seven million lines, both fixed and mobile, making it one of the world's leading providers of fully converged services. The organization offers the most comprehensive portfolio of voice and data services in this country. It is paying special attention to the exploitation of the growth potential, particularly in the data and Internet sector. Telefónica Czech Republic operates the largest fixed and mobile network including a 3rd generation network, CDMA (for data), and UMTS, enabling voice, data and video transmission. Telefónica Czech Republic is also a notable provider of ICT services.

Telefónica is one of the world's largest telecommunications operators by market capitalisation. Its activities are centred mainly on the fixed and mobile telephony businesses, while its broadband business is the key growth driver underpinning both. It operates in 25 countries and has a global customer base of over 300 million. Telefónica's growth strategy is focused on the markets in which it has a strong foothold: Europe and Latin America. Telefónica is a 100% private sector company with its shares listed in Madrid and other stock exchanges and more than 1.5 million individual shareholders.