Cesky Telecom – Eurotel will pay CZK 4bn in dividends

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Investiční bankovnictví KB

      Mobile operator Eurotel, 100% owned by Cesky Telecom, would pay the parent company dividends of CZK 4bn. The payment should be made until the end of May. Eurotel paid dividend of almost CZK 11bn for 2002.

       In our opinion, Cesky Telecom would use the received funds to reduce outstanding debt by which it financed acquisition of Eurotel by the end of 2003.

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.