T-Mobile Czech says H1 revenue down 3.5% on lower prices.

By bne IntelliNews August 10, 2012
Czech mobile phone operator T-Mobile CR said revenue in the first-half of 2012 dropped 3.5% y/y to CZK 12.9bn (EUR 514.1mn) mainly due to lower prices of telecommunications services, CTK newswire reported. Revenue from mobile services shrank 6.2% y/y to CZK 11.7bn. The company's EBITDA decreased 10% y/y to CZK 6.03bn. Clients spent an average of CZK 133 minutes a month on mobile services, up 6.5% y/y. The number of T-Mobile mobile users stood at 5.4mn as of end-June 2012. In the second quarter alone, the company added 23,000 customers thanks to 50,000 more postpaid users that offset a loss of 27,000 prepaid users. The fixed-line base reached 105,000 in June, up by 2,000 from three months earlier. T-Mobile CR is 60.77% controlled by Deutsche Telekom indirectly through its full subsidiary Dutch CMobil B.V. The remaining shares are held by Ceske Radiokomunikace.
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