Spectator on facebook

Spectator on facebook

Petr Kellner buys O2 mobile operator

The Spanish concern Telefónica sold its Czech and Slovak branches to the PPF investment group, the majority owner of which is Czech billionaire Petr Kellner.

The Spanish concern Telefónica sold its Czech and Slovak branches to the PPF investment group, the majority owner of which is Czech billionaire Petr Kellner.

The Sme daily quoted the Bloomberg agency as saying that the deal is being prepared and will conclude next month. Telefónica is the fifth biggest telecoms operator globally and it came to the Czech Republic in 2005 and Slovakia in 2006, Sme wrote on October 29. In H1 2013 it had revenues of €102 million which is 10 percent more than a year before. It makes operational profit but is in red figures overall because of write-offs of transmitters and technologies for mobile networks.

Two insider sources confirmed the information, but neither the Madrid headquarters not the PPF group wanted to officially confirm the information about the deal.

The Spanish-based Telefónica is allegedly selling its Czech and Slovak branches to repay debts. The sale would mean no changes for the 1.5 million Slovak clients, at least in the first phase. Then, the logo and some products might change.

(Source: Sme)
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

People marched for LGBTI rights in Bratislava

Take a look at the Bratislava Rainbow Pride 2018 that took place on Saturday, July 14.

First Slovak LGBTI activist has fought for 40 years

Czechoslovakia was one of the first countries to say homosexuality is not a crime, also thanks to the first activists like Imrich Matyáš.

Imrich Matyáš (r) met with German publicist and lawyer Kurt Hiller (second r) in Ľubochňa in 1935.

Measles might spread further west

Police will assist the vaccination in communities from where the epidemic spread.

This is why I support the Pride march

There is still a lot of work ahead of us in the United States, in Slovakia, and around the world to fight for equal rights for everyone no matter who they are or who they love, writer US Ambassador to Slovakia.

Slovakia's first Gay Pride parade crossed Bratislava's New Bridge on May 22.