The Czech incumbent O2 reached 459,000 subscribers to its IPTV and OTT at the end of March.
In its latest set of results the company notes that the 15% year-on-year growth of new customers in March contrasted with the 65% year-on-year increase in the previous two months. O2 Czech Republic, which also operates in neighbouring Slovakia, had total revenues of CZK9,590 million (€347.6 million) in Q1, up 3.7% on a year earlier. Its EBITDA was CZK3,096 million (+6.5%) and net profit CZK1,268 million (+2.6%).
Commenting on the results, Jindrich Fremuth, CEO and chairman of the board of O2 Czech Republic, said: “I am optimistic about the future, as it is clear that a substantial part of the economy and people’s lives are moving to the digital environment, in which we are a key actor.
“At the same time, the crisis period has accelerated the digital transformation of O2 itself, which will enable us to achieve higher efficiency in the coming period”.
