Cesky Telecom - Eurotel had 4.2m clients by the end of 2003
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Investiční bankovnictví KB
Mobile operator Eurotel (100% owned by Cesky Telecom) announced that it had 4.2m clients by the end of the last year, which represents an increase of 323k y/y. The biggest increase was traditionally recorded in the last quarter, when 196k clients decided to use Eurotel’s services, which is more that in the preceding three quarters. The clients were particularly interested in flat-rate internet access, which resulted in increase of number of post-paid clients.
The increase in post-paid clients in particularly positive for Eurotel and consequently for Cesky Telecom, as their generate higher revenues and more stabile cash flow. We expect the number of post-paid clients using mobile internet access to increase mainly thanks to Eurotel’s aggressive pricing policy.
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