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ČESKY MOBIL WANTS TO KEEP GSM SERVICES AVAILABLE TO ALL CZECHS

30. November 2001

Cesky Mobil has consistently expressed its interest in securing a UMTS license and its willingness to pay a license fee that reflects commercially reasonable terms and conditions. The Czech Telecommunication Office (CTU) has opened the UMTS auction with a minimum bid price at CZK 3,5 billion.  Cesky Mobil has built its reputation as a company with a fair approach to all customers. “The current conditions of the auction run the risk that Oskar’s customers would pay too high a price for UMTS services,” said Al Tolstoy, Cesky Mobil’s CEO. “Therefore we decided to pass on this round of the UMTS auction,” added Tolstoy.

Cesky Mobil has consistently expressed its interest in securing a UMTS license and its willingness to pay a license fee that reflects commercially reasonable terms and conditions. The Czech Telecommunication Office (CTU) has opened the UMTS auction with a minimum bid price at CZK 3,5 billion. 

Cesky Mobil has built its reputation as a company with a fair approach to all customers. “The current conditions of the auction run the risk that Oskar’s customers would pay too high a price for UMTS services,” said Al Tolstoy, Cesky Mobil’s CEO. “Therefore we decided to pass on this round of the UMTS auction,” added Tolstoy. 

Cesky Mobil became the first dual-band (GSM 900/1800) network operator in the Czech Republic after being granted its license in October 1999. It launched commercial operation of its leading edge GSM network on March 1, 2000 under the brand name Oskar. The end of September 2001 saw Oskar with in excess of 680,000 subscribers making it one of the leading, third license operators in Central Europe! At the World Communication Awards in August 2001, Oskar was a nominee for the Best Mobile Operator award.

Through the ClearWave holding, Cesky Mobil a.s. is a member of the telecommunications group of Canadian-based Telesystem International Wireless (TIW). The Company's shares are listed on the Toronto Stock Exchange ("TIW") and NASDAQ ("TIWI").