TDE.L Regulatory News (TDE)

21 Jun 2007 09:30

Telefonica O2 Czech Republic, A.S.21 June 2007 Press release Date: 21. 6. 2007 Management Changes at Telefonica O2 Europe Telefonica O2 Europe plc today announced a number of changes to its Board ofDirectors. Jaime Smith has been appointed a Chief Executive of O2 Germany wherehe replaces Rudi Groger. His successor as Chief Executive officer of TelefonicaO2 Czech Republic, a.s., is Salvador Anglada, currently Vice-President -Consumer Division in Telefonica O2 Czech Republic, a.s. In these roles, JaimeSmith and Salvador Anglada report directly to Peter Erskine, Chairman and CEO ofTelefonica O2 Europe, and sit on the Board of Directors of the Company. RudiGroger will become Chairman of a newly-created Supervisory Board of the Germanbusiness. Announcing the changes, Peter Erskine said: "I am delighted to appoint JaimeSmith as CEO of O2 Germany, a key role to which he will bring significantstrengths. During his time as CEO of Telefonica O2 Czech Republic, Jaime hasoverseen a transformation the business - bringing together the country's largestfixed and mobile operators into a single, integrated company and turning aroundits financial performance." "Under his leadership, Telefonica O2 Czech Republic has led the way in Europe inthe provision of fully converged fixed and mobile services. Over the past year,the company has successfully launched IP (internet protocol) television andother high-speed broadband applications, along with a host of innovative voiceand data products for mobile users. This experience will prove invaluable as O2Germany enters the next phase of its growth in a highly competitive market, withthe introduction of a full suite of bundled mobile and DSL offerings thissummer. Germany is Europe's largest market and I believe that, under Jaime'smanagement, O2 will be strongly positioned to fully exploit the opportunitiesthat presents." Peter Erskine continued: "Having worked closely with Jaime on there-positioning of our Czech operations over the past two years, Salvador Angladais the ideal person to take the company into the next stage of its development.Building on an impressive track record spanning both IT and telecoms, Salvador'soperational expertise, along with his sales and marketing pedigree, will be ofhuge benefit to Telefonica O2 Czech Republic as it looks to build further on itsrecent strong performance". Attachments: Curriculum Vitae of Jaime Smith and Salvador Anglada For further information, please contact:MARTIN ZABKASpokespersontel: + 420 271 463 359e-mail: public.relations.cz@o2.comhttp://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 more than 39 million mobile and fixed customers. About Telefonica Telefonica is one of the largest telecommunications companies in the world interms of market capitalisation. Its activities are centred 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 206 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. Attachment: Jamie Smith Basterra Jamie Smith graduated in Economics and Business Administration (BA, UniversidadComercial Deusto, Spain) and holds an MA in Finance and Investments (ExeterUniversity, UK). Before joining Telefonica, he worked in the financial sectorfor a Spanish brokerage firm and for Banesto (BSCH Group) as Director for GlobalEquities in its fund management division. He joined the Telefonica Group in 1999 as Director for Financial Planning atTelefonica Internacional and was promoted to Chief Financial Officer in Decemberof the same year. From October 2000 to December 2002, he was Controller of theTelefonica Group, following which he became Chief Financial Officer ofTelefonica de Espana. In June 2005, he was appointed Chief Executive Officer and Chairman of the Boardof Directors of Cesky Telecom - the legal predecessor of Telefonica O2 CzechRepublic. He has been a member of the Telefonica O2 Europe Board of Directorssince January 2006. Salvador Anglada Gonzalez Salvador Anglada graduated in Industrial Engineering in Madrid. He holds an MBAfrom Instituto de Empresa and a PDG from IESE Madrid. Before joining Telefonica, he held a number of executive positions in DellComputer and Dow Jones Markets. In 2002, he joined Telefonica Group as Salesand Marketing Director for corporate clients in Telefonica de Espana. In June 2005, he became Chief Executive Officer and Statutory Representative ofEurotel and a member of the Board of Directors of Cesky Telecom, before beingappointed Vice President of the Consumer Division of Telefonica O2 CzechRepublic. This information is provided by RNS The company news service from the London Stock Exchange