Telefonica O2 CR Q1 net income down 6.9%; beats market expectations

Telefonica O2 Czech Republic, which is majority owned by Telefonica of Spain, booked net profit of CZK1.62 billion (USD83.2 million) for its first quarter ended 31 March 2012, down 6.9% from CZK1.74 billion in the year-earlier period, but beating market expectations of profit of CZK1.61 billion. Revenues for January-March were reported at CZK12.47 billion, a 3.3% annual decline and below market forecasts of turnover of CZK12.53 billion

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OVETEL Telefonica O2 CR Q1 net income down 6.9%; beats market expectations