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Telefónica O2 Czech Republic sees slight IPTV gains

Telefónica O2 Czech Republic had reached 133,000 subscribers for its IPTV service 'O2 TV' by the end of the second quarter of this year, up just 0.4% year-on-year.

Retail ADSL accesses had reached 702,000 by the end of June, up 10.8% from one year previously, helped by the introduction of a new broadband-centric proposition in 2009.  Internet and broadband revenues for the first half of this year amounted to CZK 2.989bn (US$ 158mn), up 35.8% year-on-year.

Total revenues across all operations for the first half of this year reached CZK 27.765bn, down 6.6% year-on-year, while net income for the period fell 23.9% by the same comparison to reach CZK 4.354bn.

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