Cesky Telecom will launch international services next year

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Investiční bankovnictví KB

      Cesky Telecom announced yesterday that it will start offering international telecommunications services in neighboring countries. Cesky Telecom already has access points in Germany, Austria and Slovakia, while Hungary and Poland will be added until the end of the year. The company will offer the other operators data, voice and internet traffic transfer.

       The company expect these services to generate annual revenues of hundred million of crowns. Cesky Telecom vitally needs to stimulate growth of revenues, which were falling this year due to increased competition to improve utilization of its asset base and increase return on investment. Cooperation with foreign companies could create strong base for further expansion on these markets in form of broader offer of services or acquisitions.

      

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