The semi-annual financial performance of Telefónica O2 Slovakia confirmed a 5 % market share of active O2 customers. Owing to strong acquisitions of new customers, which continued in Q2 2008, the company maintained its share after exclusion of inactive SIM cards from Q2 2007 from its records. The resulting 5 % share is calculated based on the strictest internationally accepted standards.
“Also in Q2 we experienced strong acquisitions of new customers in both, prepaid and postpaid segments. Throughout this period, we acquired a total of nearly 60 thousand new customers. We hold more than a 5 % share in the market of active customers after exclusion of inactive SIM cards from the last year 2007 and non-payers. Under the strictest reporting standards we count 275 thousand active clients. 200 thousand of our customers use prepaid services and 75 thousand postpaid services,“ stated the spokesman of Telefónica O2 Slovakia René Parák.
In line with expectations, some of the customers acquired during the opening campaign in 2007 used O2 services irregularly and on a limited basis. An increase in the number of customers in Q2 balanced the removal of these customers from our records. During this period O2 registered a total of 60 thousand new customers. This also led to a minimisation of the impact of increased number of disconnected customers of post-paid services due to failure to pay their bills on the company’s performance for Q2 2008.
“Increase in the number of disconnections was expected, since upon its arrival to Slovakia, Telefónica O2 Slovakia had to create its own system and rules for assessment of clients’ payment discipline. Each of the mobile operators went through this phase at the beginning of its operations,“ added René Parák.
Also in Q2 Telefónica O2 Slovakia will introduce to Slovak customers further attractive, friendly and affordable offers. At the same time, it will continue in fast rollout of its own network and distribution channels and in exerting pressure on the competition in order to meet expectations of demanding Slovak customers.
Contact for more information:
RENÉ PARÁK
Telefónica O2 Slovakia s.r.o.
tel.: +421 949 22 00 22
rene.parak@o2.com
About the company Telefónica O2 Slovakia, s.r.o.
Telefónica O2 Slovakia entered the Slovak market of mobile operators on the basis of the decision issued by the selection committee of the Telecommunication Authority of the SR as of 25.8.2006. The license includes the rights to use the frequencies GSM 900 MHz, GSM 1800 MHz, UMTS and 28/29 GHz for the period of 20 years for the purpose of providing telecommunication services in the Slovak Republic. The company launched its commercial operation on 2.2.2007. The company is gradually introducing the offer for the whole spectrum of customers. Within the international group Telefónica, Telefónica O2 Slovakia belongs to the group Telefónica Europe.
About the company Telefónica Europe
The company Telefónica Europe consists of the mobile networks operators in Great Britain and Ireland, and also of integrated operators of fixed and mobile networks in Germany and the Czech Republic. All these operators present themselves to their local customers under the brand-name Telefónica. Telefónica Europe is the holder of 50% share in the joint stock companies Tesco Mobile in Great Britain and Tchibo Mobilfunk in Germany; At the same time it is also 100% holder of the company Be, the leader in providing broad band services in Great Britain. To the group also belongs the operator of fixed and mobile services on the island Man – the company Manx Telecom.
Telefónica Europe, belonging to the group Telefónica, has its headquarters in Slough in Great Britain, it has more then 40 million customers in fixed and mobile networks.
About the company Telefónica S.A.
Telefónica is, from the point of view of the market capitalization, one of the largest telecommunication companies in the world. Its business activities are mainly aimed at fixed and mobile telephone markets, while the key tool for development of both it considers the broad band connection.
The company extensively operates in 23 countries where it has a 212 million customer base.
All the stock of the company Telefónica is quoted in the stock exchange, while more than 1.5 million of direct shareholders are sharing them. At present the basic capital is divided among 4,921, 130,397 ordinary shares traded in the Spanish stock exchange (Madrid, Barcelona, Bilbao and Valencia) and in the stock exchanges of London, Paris, Frankfurt, Tokio, New York, Lime, Buenos Aires and São Paulo.
