The Czech Republic’s incumbent telco Telefónica O2 ended the third quarter with 545,000 ADSL subscribers and 53,000 receiving its IPTV service O2TV. At the same time, its consolidated net income for the year to date amounted to CZK7.6 billion (€280 million), or 10.9% more than in the corresponding period in 2006, while net revenues rose by 3.3% to CZK47.1 billion. O2TV made its debut in September 2006 and remains the leading IPTV service in the Czech Republic.