O2 Czech Republic as (SPTT.PR) Key Developments | Reuters.com
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O2 Czech Republic as (SPTT.PR)

SPTT.PR on Prague Stock Exchange

217.40CZK
29 Jun 2016
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Latest Key Developments (Source: Significant Developments)

O2 Czech Republic as and China Telecom sign data roaming agreement - Reuters
Friday, 22 Apr 2016 03:21am EDT 

O2 Czech Republic as:O2 Czech Republic has signed a memorandum with China Telecom Europe on cooperation in data services roaming and other strategic areas, the Czech telecoms company said on Friday-Reuters.The agreement will also cover data centre services and public sector IT development projects, O2 and China Telecom said in a joint statement.Charlie Cao, director of China Telecom Europe, said in the statement the companies would look for further areas for cooperation, as well as offering products in other countries.O2 Czech Republic has a similar deal with Telefonica , which was its former majority owner until the Spanish company sold its stake in 2014 to Czech investment group PPF, owned by the country's richest businessman Petr Kellner.The Czech Republic has courted Chinese investment.Chinese President Xi Jinping made a landmark visit to the central European country in March during which several investment deals were signed.  Full Article

PPF denies reports it may sell O2 Czech Republic as to Chinese investors - Reuters
Thursday, 10 Mar 2016 07:32am EST 

O2 Czech Republic as:Czech PPF denies reports of any preparations of a sale of its majority stake in O2 Czech Republic to Chinese investors-Reuters."It is not true," PPF says in a statement.  Full Article

O2 Czech Republic as to propose FY 2015 16 crown dividend-Reuters
Tuesday, 26 Jan 2016 02:15am EST 

O2 Czech Republic as:Will propose paying a 16 crown dividend per share on 2015 earnings-Reuters.  Full Article

O2 Czech Republic as says got new 5-year loan of up to 12 billion Czech crowns-Reuters
Thursday, 17 Dec 2015 02:16am EST 

O2 Czech Republic as:Successfully refinanced its current debt and drew a new loan of up to 12 billion Czech crowns-Reuters.New loan arranged by Komercni Banka, Ceska Sporitelna/Erste, CSOB, Unicredit bank Czech Republic and Slovakia, Raiffeisenbank, Citibank Europe, Tatra Banka.Will use new 5-year loan to refinance current debt and for general corporate purposes, including share buy-back.  Full Article

O2 Czech Republic as shareholders approve share buyback plan-Reuters
Tuesday, 8 Dec 2015 10:01am EST 

O2 Czech Republic as:Shareholders meeting approved a share buyback plan on Tuesday, setting the maximum price at 297 Czech crowns, as proposed by the board of the telecommunications company, a spokesman said-Reuters.O2 had said in October its share buyback programme would start in January and last up to five years.It can buy as much as 10 percent of its stock, or shares worth 8 billion crowns.Shares in O2, 84-percent owned by the PPF financial group of the richest Czech, Petr Kellner, traded down 0.9 percent at 251.6 crowns at 1357 GMT on Tuesday.O2 shares have soared from 45 crowns at the end of May when the firm spun off its large infrastructure assets into a separate firm, CETIN.  Full Article

O2 Czech Republic as to start buyback, pay 90-110 pct dividend, raise debt-Reuters
Monday, 19 Oct 2015 01:00am EDT 

O2 Czech Republic as:It would pay out a 90-110 percent of net profits in dividends, raise debt ratios and start an up to 10 percent share buy-back in Jan-Reuters.share buyback programme would start in Jan. and last up to five years.Can buy as much as 10 percent of its stock, or stock worth 8 billion crowns under the plan.  Full Article

O2 Czech Republic as says got 900/1,800 Mhz frequencies for 2016-2024-Reuters
Friday, 9 Oct 2015 11:11am EDT 

O2 Czech Republic as:Says it has been granted allotment of radio frequencies for the bands of 900 MHz and 1,800 MHz for February 8, 2016 until October 22, 2024-Reuters.O2 said the scope of frequencies and other conditions remained unchanged from the current allotment.Price for the allotment was 432 million crowns.  Full Article

PPF says holds 84.91 pct in O2 Czech Republic as after buyout, reached 90 pct in CETIN-Reuters
Thursday, 13 Aug 2015 11:33am EDT 

O2 Czech Republic as:PPF holds 84.91 in telecommunications operator O2 Czech Republic SPTT.PR after voluntary buyout-Reuters.PPF confirms will not atttempt to raise stake over 90 pct.PPF has reached 90 pct threshold in telecoms infrastructure firm CETIN CETIN.PR after separate buyout.PPF will consider squeeze-out of minority shareholders in CETIN, no decision yet.  Full Article

PPF sets buyout offer for O2 Czech Republic at 78 crowns a share-Reuters
Monday, 8 Jun 2015 05:19am EDT 

O2 Czech Republic as:O2 Czech Republic's majority owner, investment group PPF, has offered 78 crowns per share to shareholders in a voluntary buyout-Reuters.PPF will also offer 176 crowns per share for CETIN, the company created this month after a spin-off of Czech O2's infrastructure assets.PFF said it would publish details of the offer after June 15.PPF holds 84.7 percent of Czech O2 after buying a majority stake from Spain's Telefonica.  Full Article

O2 Czech Republic as shareholders approve splitting company -Reuters
Tuesday, 28 Apr 2015 02:34pm EDT 

O2 Czech Republic as:Shareholders agreed to spin off the infrastructure part of the fixed and mobile telecommunications firm into a new company -Reuters.The new firm, CETIN, which will not be publicly traded, contributed about 50 percent of the group's operating profit last year.O2 shareholders will be each given one share in the new firm per one O2 share.What remains of Czech O2 will continue as a publicly-listed operator, providing voice and data services as well as television.Shareholders who voted against the spinoff will have the right to sell their shares in the new firm in a buyout offer for a price to be determined by an audit, but likely close to 150 crowns per share determined by a previous evaluation.  Full Article

BRIEF-Czech O2 expects peak period of capex in coming quarters

* says believes is able to compensate for negative impact of roaming regulation, mobile data seen as growth driver