TDE.L Regulatory News (TDE)

17 Apr 2007 17:00

Telefonica O2 Czech Republic, A.S.17 April 2007 Press release Dividend proposal from the Board of Directors of Telefonica O2 Czech Republic Date: 17. 4. 2007 The Board of Directors of Telefonica O2 Czech Republic, a.s. at its today'smeeting approved a proposal to the Annual General Meeting for a dividenddistribution of CZK 50 per share, i.e. total amount of CZK 16,104,495 thousandfrom the net profit for 2006 and retained profits from previous years. The proposed relevant dividend record date is September 10, 2007, dividendpayment date is proposed on October 3, 2007. The dividend proposal will be submitted to the Supervisory Board of TelefonicaO2 Czech Republic, which will review this proposal at its meeting on April 26,2007. The proposal including the Supervisory Board's standpoint will besubsequently submitted to the Annual General Meeting that will be held the sameday, i.e. on April 26, 2007, at 1:00 p.m. at the Top Hotel Praha.. For more information, please contact:MARTIN ZABKASpokespersontel: + 420 271 463 359fax: + 420 271 469 896e-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 and Ireland,along with integrated fixed/mobile businesses in Germany and the Czech Republic- all of which use 'O2' as their consumer brand. The company recently won amobile licence in Slovakia, where it plans to launch service in 2007.Telefonica O2 Europe also owns 50% of the Tesco Mobile and Tchibo Mobilfunkjoint venture businesses in the UK and Germany respectively as well as having100% ownership of Be, a leading UK fixed broadband provider. In addition, thegroup includes the Isle of Man fixed/mobile operator, Manx Telecom, and O2Airwave, which supplies secure digital communications to the emergency servicesand other public safety organizations. Telefonica O2 Europe, part of the Telefonica group, is headquartered in Slough,UK, and has more than 37 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 of196 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