T-Mobile Czech Republic AS, the country's number two cellular operator, said Wednesday that it increased its 2003 net profit by 63%
Published:
16 March 2004 y., Tuesday
T-Mobile Czech Republic AS, the country's number two cellular operator, said Wednesday that it increased its 2003 net profit by 63% by adding new clients and boosting the share of higher-spending customers by means of monthly payment plans.
T-Mobile Czech, a subsidiary of Deutsche Telekom AG's (NYSE:DT - News) mobile arm T-Mobile International , had 3.9 million clients at the end of 2003, up from 3.5 million a year earlier.
While the company's customer base is still dominated by the clients on pay-as- you-go contracts, the number of customers with monthly payment plans rose 32.3% to 889,000 at the end of 2003, from 672,000 a year earlier.
Customers with pay-as-you-go contracts totaled 3.06 million in 2003, up from 2.84 million a year earlier.
At the end of 2003, T-Mobile had a 40.7% share of the local mobile telecommunications market, compared with 43.4% held by its key local competitor Eurotel spol SRO (ERP.YY), the mobile unit of leading Czech telecommunications operator Cesky Telecom AS (BAATELEC.PR).
The country's third mobile operator Cesky Mobil AS, a unit of Telesystem International Wireless Inc. (NasdaqSC:TIWI - News) , held a 15.9% share of the local market last year.
Šaltinis:
biz.yahoo.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has decided to grant an extension of the deadline for the divestment of Fortis' corporate banking business, consisting of Hollandsche Bank Unie N.V. (HBU), two corporate client departments, 13 "Advieskantoren" and ABN AMRO's Dutch factoring activities to Deutsche Bank.
more »
MEPs will vote on an emergency plan to help the crisis-stricken sector dairy sector on Thursday after the Agriculture Committee approved the Commission's proposal on Monday evening in Strasbourg.
more »
The EBRD is boosting competition in the Montenegrin retail sector with a loan to expand the supermarket network of one of the leading retailers in the country.
more »
Redmond, Wash. — Oct. 16, 2009— On Oct. 19, Microsoft CEO Steve Ballmer heads to the sold-out Microsoft sharepoint Conference in Las Vegas where he will address more than 7,000 sharepoint customers, partners and developers.
more »
Proposals tabled for collaboration on sea surveillance, bigger EU role in global maritime affairs and sustainable fishing.
more »
$50 million financing package for agricultural commodities operator.
more »
Seeking to increase sheet-metal production volumes, Stansefabrikken decided to move all company’s production from Lillesand (Norway) to Stansefabrikken’s successfully operating factories in Lithuania.
more »
The European Economic and Social Committee (EESC) and the European Commission Representation in Finland jointly organise a conference in Helsinki on 22 and 23 October on "The Baltic Sea Region: the best place to work and do business".
more »
Why did economy rise drastically turn into painful decline and what price will every of us have to pay for that?
more »
The economies of central and eastern Europe are expected to contract by an average of 6.3 per cent in 2009 following steep output declines in the first half of the year.
more »