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Q2 2003: Oskar recorded its first positive operating income

01. August 2003

Oskar added 66,900 net subscribers in the second quarter to reach 1,337,500, an increase of 25% compared to 1,071,300 subscribers at the end of the second quarter of 2002. Oskar’s market share reached 15% at the end of the second quarter representing year-on-year growth of 2%. Oskar’s successful results are largely attributable to the focus on postpaid growth. As of June 30, 2003, postpaid customers accounted for 41% of Oskar’s subscriber base compared with 27% a year ago. Oskar‘s growing ARPU value, USD 23.



Oskar added 66,900 net subscribers in the second quarter to reach 1,337,500, an increase of 25% compared to 1,071,300 subscribers at the end of the second quarter of 2002. Oskar’s market share reached 15% at the end of the second quarter representing year-on-year growth of 2%.

Oskar’s successful results are largely attributable to the focus on postpaid growth. As of June 30, 2003, postpaid customers accounted for 41% of Oskar’s subscriber base compared with 27% a year ago. Oskar‘s growing ARPU value, USD 23.18 for the second quarter compared to USD 16.65 a year ago, is partly due to the high popularity of the New Generation Tariffs.

Oskar’s dynamic growth spurred by the growing popularity of postpaid plans and the successful targeting of small and medium sized businesses contributed to EBITDA of USD 28.5 million for the second quarter compared to USD 3.6 million a year ago.

Oskar has been EBITDA positive since last year. Český Mobil recorded positive operating income for the first time with operating income of USD 5.1 million for the second quarter of 2003.

Service revenues for the second quarter increased 76% to USD 94.0 million compared to the same period in 2002. For the first six months, service revenues increased 77% to USD 170.3 million compared to USD 96.2 million a year ago.

Oskar’s share of the business market reached 18%. The second quarter of 2003 saw Oskar improving its performance in the business segment and acquiring a number of important business clients such as the soft drink producer Pfanner, ČSAD Radiálka Ostrava, Technické služby Mělník, Český tenisový svaz and many others.