TDE.L Regulatory News (TDE)

11 Sep 2007 07:01

Telefonica O2 Czech Republic, A.S.11 September 2007 Press release Telefonica O2 Czech Republic acquires 100% share in DELTAX Systems Date: 11. 9. 2007 Today, the leading telecommunications operator on the Czech market, TelefonicaO2 Czech Republic, a.s., announced the conclusion of an agreement for thepurchase of 100% of the shares in DELTAX Systems a.s., one of the most prominentCzech providers of ICT solutions. The transaction still requires the approval ofthe Office for the Protection of Competition. "Telefonica O2's long-term strategy includes expanding its portfolio of IT andICT services. DELTAX Systems provides top-quality information and communicationstechnology solutions, and bringing its products together with Telefonica O2'scurrent portfolio will lead to the creation of a unique portfolio of ICTservices on the Czech market. Our corporate and government customers willprimarily benefit from these comprehensive services in the long term," saysSalvador Anglada, CEO of Telefonica O2. DELTAX Systems a.s. is one of the ten most prominent system integrators in theCzech Republic. It has been operating on the market since 1992 and, at present,its turnover exceeds CZK 300 million. The company has a workforce of more over150 employees and its main business activities include IT/ICT consulting,application development, outsourcing services, and capacities in systemintegration. Its key clients include top Czech companies and governmentagencies. The acquired company has a long-term track record of a successfulco-operation with Telefonica O2 in several projects. This acquisition is thus alogical result of a long-term partnership between the two companies. "I am glad that our company has become part of a group that is as strong andprosperous as Telefonica O2. I believe that with contribution of ourcapabilities and experience Telefonica O2 will be able to satisfy its customers'continuously growing interest in ICT solutions in the Czech Republic. For DELTAXSystems employees, the entrance to Telefonica O2 will primarily mean newopportunities in the field of professional growth," says Petr Menclik, GeneralDirector, DELTAX Systems a.s. For more information, please contact: MARTIN ZABKASpokespersontel: + 420 271 463 359e-mail: public.relations.cz@o2.com http://www.cz.o2.com/ About Telefonica O2 Czech Republic Telefonica O2 Czech Republic, a.s., is the first integrated operator in theCzech Republic formed on 1 July 2006 by the merger of the leading fixed lineoperator, CESKY TELECOM, a.s., and the strongest mobile operator, Eurotel Praha,spol. s r.o., into a single telecommunications organization. The organization isnow operating nearly eight million lines, both fixed and mobile, making it oneof the world's leading providers of fully converged services. Telefonica O2 Czech Republic offers the most comprehensive portfolio of voiceand data services in this country. A special attention is paid to theexploitation of the growth potential, in particular the data and Internetbusiness. Telefonica O2 Czech Republic operates the largest fixed and mobilenetwork including a unique 3rd generation network, CDMA (for data) and UMTS,enabling the transport of voice, data and video. Furthermore, Telefonica O2Czech Republic offers the largest network of WiFi hotspots in the country. About Telefonica O2 Europe Telefonica O2 Europe comprises mobile network operators in the UK, Ireland andSlovakia, along with integrated fixed/mobile businesses in Germany and the CzechRepublic - all of which use 'O2' as their consumer brand. Telefonica O2 Europealso owns 50% of the Tesco Mobile and Tchibo Mobilfunk joint venture businessesin the UK and Germany respectively as well as having 100% ownership of Be, aleading UK fixed broadband provider. In addition, the group includes the Isleof Man fixed/mobile operator, Manx Telecom. Telefonica O2 Europe, part of the Telefonica group, is headquartered in Slough,UK, and has some 40 million mobile and fixed customers. About Telefonica Telefonica is one of the largest telecommunications companies in the world interms of market capitalization. Its activities are centered mainly on fixed andmobile telephony, with broadband as the key tool for the development of both. The company has a significant presence in 23 countries and a customer base ofmore than 212 million worldwide. Telefonica is a 100% listed company, with in excess of 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 and Sao Paulo. This information is provided by RNS The company news service from the London Stock Exchange