Press Centre
RadioMobil to Obtain CZK 3 Billion for Further Development
- RadioMobil will be granted a subordinated shareholders loan
"I welcome the trust of our shareholders in RadioMobils further development, which is an evidence of the successful five-year business undertaking of our company in the Czech market. The decision of our owners will enable us to further strengthen our position of a dynamic and innovative mobile operator with a strong financial backing," said Roland Mahler, RadioMobils Managing Director. "We will invest the means especially in extending the current offer of services for our customers and in the implementation of new technologies."
The joint-stock company RadioMobil is the operator of a GSM 900/1800 MHz network called Paegas. Since 1996, when RadioMobil entered the Czech market and brought in competition, it obtained more than two million customers. RadioMobil sells prepaid services under the brand Paegas Twist, which is the most successful prepaid service in the Czech market, providing its users with a whole range of services such as data and fax connection, GSM Banking based on the SIM Toolkit standard, Paegas Assistant services, access to WAP services and furthermore it offers a free e-mail ClickBox Easy. Paegas Click is another brand of RadioMobil, focused on customers with Internet or WAP access. At www.click.cz they can easily configure services as well as for instance use a comprehensive e-mail box based on the unified messaging technology. RadioMobil belongs to the Deutsche Telekom Group - one of the worlds biggest telecommunication operators. Through its subsidiary company T-Mobil (Deutsche Telekoms mobile operator) it owns 92.136% in the CMobil consortium. Other shareholders of CMobil are: STET Mobile Holdings N.V. (7.164%) and PVT a.s. (0.7%). The international CMobil consortium now owns 60.8% of RadioMobil whose second biggest shareholder is the company ÄŚeské radiokomunikace.
Today, the Paegas GSM network covers over 99% of the Czech population and 99.8% of first class roads. Only during the year 2000 the number of transmitters increased by 750 and thus reached 2500 by the end of the year. Last year, investments only in the network exceeded nine billion crowns. RadioMobil customers may use their mobile phones in networks of 209 operators from 90 countries of the whole world (127 various locations altogether). By the end of February 2001, more than 2,000,000 customers were using Paegas services.
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FacebookT-Mobile Czech Republic, a member of the international telecommunications group Deutsche Telekom, has almost 6.2 million customers, the number-one operator in the Czech market. T-Mobile is an integrated operator: in addition to telecommunications services, it offers comprehensive ICT solutions not only for companies, but also for other organizations and individuals. It provides outstanding services in the high-speed network, which was proved repeatedly by benchmark testing performed by umlaut (former P3) with Best-in-Test seal.
T-Mobile Czech Republic places emphasis on taking a responsible approach to the environment and society. It adheres to fair business practices, helps beneficial applications and services to see the light of day, supports non-profit organizations, small businesses and individuals, and lends a helping hand whenever crisis situations arise. The company’s employees serve as volunteers in many places across the entire Czech Republic.
More information about the company is available at www.t-mobile.cz, www.t-press.cz (the portal for journalists) and www.t-mobile.cz/pomahame (information on the company’s CSR activities).
Contact details of the press unit: press@t-press.cz.