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Revenues increased due to the use of fixed growth and growth in the field of ICT. O2 announced this in the press first. The majority in O2 is 80 percent owned by the PPF billion-dollar investment group Petr Kellner. The rest is traded on the stock markets.
For the whole of 2020, financial performance lagged behind our internal impact. In order to compensate for the negative impact of the coronavirus pandemic, especially on our mobile returns, we had to approach both operational and current investment costs. Even in this complex situation with uncertain insight, we have won the maximum of new spectrum for our customers in the Czech Republic and Slovakia. This will help us maintain our position as a technology leader in the future, said CFO Tom Kouil.
The total number of O2 mobile orders in the Czech Republic last year increased by 110,000 5.968 million, of which 3.316 million were clients with a contract. The number of SIM cards installed for communication of various devices reached 746 thousand. In Slovakia, the subsidiary operator had 2.23 million customers, ie 80 thousandths more.
The number of O2 TV users increased by 86 thousand 529 thousand customers who use the various O2TV Sport Pack online and O2TV HBO and Sport Pack packages. The number of orders for fixed high-speed Internet via cable and with the help of wireless technology increased by 20 thousand 855 thousand.
At the time of the year, O2 recorded work from home and the distances caused a sharp increase in traffic. Fixed data traffic grew by 54 percent, and mobile by as much as 70 percent. However, more than half of the interim growth of data traffic in fixed and mobile networks was only slightly reflected in the growth of growth.
In the Czech Republic, operating revenues increased by 2.9 percent to 32.25 billion K in 2020. Revenues in the mobile segment remained the same at 20.14 billion K. Data revenues from data traffic only offset the significantly weak roaming and sales. phone. In the fixed line segment, revenues increased by 7.9 percent to CZK 12.12 billion, mainly due to O2 TV and other Internet traffic. In Slovakia, total operating income increased by 0.4 percent to 7.68 billion K.
According to CEO Jindřich Fremuth, the negative impact of the coronavirus pandemic also affected the company’s financial results in the fourth quarter. Although our stores remained open in an emergency, we recorded a quarter of a quarter no more traffic in an emergency. The key priority for us has also become the digitization of service and intelligent cooperation between individual distribution channels, which has contributed to a very high loyalty of our customers, he said.
According to an analysis by J&T banka, the company continued to experience a decline in sales of hardware and roaming services in the fourth quarter due to preventive measures against covid-19, and on the contrary, it recorded an increase in data services. It thus continued to dispute operating costs, which enabled the growth of operating profit. The estimated total dividend (for 2020) is 21 K per share, however, it is very likely that the management proposal will not be presented as last year and will be so effective and at the turn of the day, J&T banka said before the public result.
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