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O2 Czech Republic as (SPTT.PR)

SPTT.PR on Prague Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

O2 Czech Republic as establishes a new unit in Slovakia-Reuters
Wednesday, 18 Mar 2015 10:31am EDT 

O2 Czech Republic as:Establishes a new unit in Slovakia that will be responsible for provision of fixed line services-Reuters.  Full Article

Vodafone’s unit suing O2 Czech Republic for 385 million Czech crowns-Reuters
Tuesday, 17 Mar 2015 07:02am EDT 

O2 Czech Republic as:Vodafone's Czech unit is seeking damages of 385 million Czech crowns from O2 Czech Republic for what it says is the company's abuse of a dominant position in the fixed broadband market-Reuters.Vodafone said it was forced to pay high costs for wholesale access to DSL (digital subscriber line) broadband, preventing it from offering prices that could compete with O2 Czech Republic.O2 Czech Republic said Vodafone's complaint was unjustified.The claim was filed with the Prague municipal court.  Full Article

O2 Czech Republic as proposes FY 2014 dividend - Reuters
Wednesday, 11 Mar 2015 02:52am EDT 

O2 Czech Republic as:Board proposed FY 2014 dividend payment of 13 Czech crowns per share from 2014 profit and retained earnings, down from the previous payment of 18 crowns-Reuters.The total payout will amount to 4.1 billion crowns.The record date for the right to the dividend is April 28.  Full Article

O2 Czech Republic as board approves split into operator and infrastructure firm-Reuters
Friday, 27 Feb 2015 12:54pm EST 

O2 Czech Republic as:Board of directors approved to split up the firm into an infrastructure company and a telecommunications operator-Reuters.Plan, which had been under consideration for some time, was also approved by the supervisory board but still needs approval from shareholders, mainly majority owner PPF, a vehicle of financier Petr Kellner.The company said shareholders would get one share in new infrastructure firm Ceska Telekomunikacni Infrastruktura per each share in the old firm.The residual O2 Czech Republic will cut nominal share value of each share with nominal value of 87 crowns to 10 crowns.Shares in the newly created firm will not be listed.  Full Article

BRIEF-Czech watchdog fines Vodafone, O2 Czech Republic CZK 99 mln for anti-competitive network connections

* Czech anti-monopoly office says fines Vodafone, O2 Czech Republic CZK 99 million for anti-competitive network connections