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26 Mar 2009 13:00
Press release
Dividend proposal from the Board of Directors of Telefónica O2 Czech Republic
Date: 26. 3. 2009
The Board of Directors of Telefónica O2 Czech Republic, a.s. at its meeting approved a proposal to the Annual General Meeting for a dividend distribution of CZK 50 per share, i.e. total amount of CZK 16,104,495 thousand from the net profit for 2008 and the part of Retained company profit from previous years.
The proposed relevant dividend record date is September 9, 2009, dividend payment date is proposed on October 7, 2009.
The dividend proposal will be submitted to the Supervisory Board of Telefónica O2 Czech Republic, which will review this proposal at its meeting on April 3, 2009. The proposal including the Supervisory Board's standpoint will be subsequently submitted to the Annual General Meeting that will be held the same day, i.e. on April 3, 2009, at 1:00 p.m. at Prague Marriott Hotel.
For more information, please contact:Martin Žabka
Spokesperson
Telefónica O2 Czech Republic, a.s.
public.relations.cz@o2.com
tel: 800 163 342 (800 1 media)
About Telefónica O2 Czech Republic
Telefónica O2 Czech Republic is a major integrated operator in the Czech Republic. It is now operating more than seven million lines, both fixed and mobile, making it one of the world's leading providers of fully converged services. The organization offers the most comprehensive portfolio of voice and data services in this country. It is paying special attention to the exploitation of the growth potential, particularly in the data and Internet sector. Telefónica O2 Czech Republic operates the largest fixed and mobile network including a 3rd generation network, CDMA (for data), and UMTS, enabling voice, data and video transmission. Telefónica O2 Czech Republic is also a notable provider of ICT services.
About Telefónica Europe
Telefónica Europe is a business division of Telefónica comprising mobile, fixed, and DSL operations in the UK, Ireland, the Isle of Man, Germany, the Czech Republic, and Slovakia. With the exception of Isle of Man, all the operating businesses use 'O2' as their consumer brand. Telefónica Europe also has 50% ownership of the UK and Irish Tesco Mobile and German Tchibo Mobilfunk joint venture businesses. Telefónica Europe is headquartered in Slough, UK, and has 49 million mobile and fixed customers.
About TelefónicaTelefónica is one of the largest telecommunications companies in the world in terms of market capitalisation. Its activities are centered mainly on the fixed and mobile telephony businesses with broadband as the key tool for the development of both.
The company has a significant presence in 25 countries and a customer base that amounts to 259 million accesses around the world. Telefonica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy.
Telefónica is a 100% listed company, with more than 1.5 million direct shareholders. Its share capital currently comprises 4,704,996,485 ordinary shares traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao and Valencia) and on those in London, Tokyo, New York, Lima, Buenos Aires and São Paulo.
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