The mobile phone operator Telefónica Czech Republic’s net profit dropped by 16 percent to 5.7 billion crowns last year, the company said in a statement on Wednesday. The firm’s revenues decreased by 6.5 percent to 47.37 billion crowns; however, the number of its clients rose by 130,000, reaching 5.1 million. The company’s management will propose a dividend between 18 and 30 crowns per share. Telefónica, the largest Czech mobile operator, was last year acquired by the PPF investment group.
Martin Nekola: Czech Chicago and other untold stories of Czechs abroad
Czech President Zeman addresses Council of Europe
How should socialist architecture be treated now?
Czech pre-election battle plugs into war of words over lithium mining deal
Czech ministry mulls massive recruitment of foreign workers to fill jobs