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O2 Czech Republic posts CZK 1.2bn in net profits for Q1 2015

O2 Czech Republic (O2 CR) reported total consolidated operating revenues of CZK 11.2bn for Q1 2015, up 3.7% y/y. EBITDA increased by 25.6% to CZK 4.33bn. Net profit totalled CZK 1.2bn (up 106.1%). O2 CR’s CEO Tomáš Budník has commented that the results were driven not only by savings and higher process efficiency, but also simplification and progrowth activities. Consolidated investments totalled CZK 771m. Mobile customer base reached 5.01 million. The earnings from mobile data services, used by 1.4 million customers, increased by 6.1%.