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Industry | Telecommunications |
---|---|
Founded | 1991 |
Defunct | 1 July 2006 |
Fate | Bought by Telefónica, merged with Český Telecom |
Successor | O2 Czech Republic |
Headquarters | Prague, Czech Republic |
Products | Mobile telephony |
Revenue | Kč 29.4 billion (2004) |
Number of employees | 2,486 (2006) |
Eurotel was the trade name of the first mobile phone network in Czechoslovakia. Given the possibility of a forthcoming of split of Czechoslovakia into two separate countries, Eurotel was formed as two separate legal entities: Eurotel Praha and Eurotel Bratislava.
Both Eurotel companies were founded in 1990 as joint ventures between SPT Telecom (51%) and the American joint venture company, Atlantic West, B.V. (49% split evenly between US WEST International, Inc. and Bell Atlantic International Inc.). Each Eurotel company initially was assigned the rights to deploy packet data networks and mobile phone services using the NMT450 technology. The first calls on each network were made in 1991. The packet data network elements did not grow as rapidly as hoped for and was later ceded back to the 51% Czech and Slovak landline operators. The mobile business grew briskly and both Eurotel companies were later granted GSM licenses for both the Czech Republic and Slovakia.
The USWest interests were assigned first to MediaOne and later to AT&T. Ultimately, Český Telecom purchased the Eurotel Prague and Deutsche Telekom purchased Eurotel Bratislava. The Czech and Slovak businesses continued till the present as represented by O2 in the Czech Republic and Deutsche Telekom in Slovakia.
Both companies were initially financed by the first EBRD financing in either the Czech Republic or Slovakia. In March 2000, EuroTel Bratislava successfully closed a Euro 175 million high yield bond offering, and became one of the first companies in Central Europe to access the public capital markets. This financing was one of many sequential financings that funded extraordinarily rapid growth in a capital intensive industry.
In July 2000, Deutsche Telekom purchased a 51% stake in Slovak Telecom. [1] It was later rebranded to T-Mobile Slovakia in May 2005.
In 2005, Český Telecom was acquired by the Spanish company Telefónica. [2]
On March 1, 2006 it was announced that Český Telecom and Eurotel would merge their operations into one company, Telefónica O2 Czech Republic, which was to take place in mid-2006.
There are telecommunications in the Czech Republic.
Telecommunications in Slovakia includes fixed and mobile telephones, radio, television, and the Internet.
Telefónica, S.A. is a Spanish multinational telecommunications company headquartered in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the world. It provides fixed and mobile telephony, broadband, and subscription television, operating in Europe and the Americas.
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The very first analog mobile radio telephone in Czechoslovakia was AMR, in Czech Automatizovaný městský radiotelefon.
Tesco Mobile Limited is a mobile virtual network operator (MVNO) in the United Kingdom, Ireland, Slovakia, and the Czech Republic. It is operated by British retailer Tesco, using the network O2 as its carrier except in Ireland, where the network operator is Three Ireland.
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Internet in the Czech Republic and Internet access are largely provided by the private sector and is available in a variety of forms, using a variety of technologies, at a wide range of speeds and costs. In 2013, 68% of Czechs were connected to the Internet.From 2013 to 2022, the number of Internet users in the Czech Republic increased rapidly to 91.48%.
Telefonica UK Limited, trading as O2 UK (stylised as O2), is a British telecommunications services provider, headquartered in Reading, England which operates under the O2 brand. It is owned by VMED O2 UK Limited, a 50:50 joint venture between Telefónica and Liberty Global. O2 is the UK's largest mobile network operator, with 23.8 million subscribers as of May 2023.
Telefónica Germany GmbH & Co. OHG (German pronunciation:[teləˌfɔnɪkaːˈdʒœːɐ̯məniː]; also called Telefónica Deutschland ) is a provider of broadband, landline and mobile telecommunications in Germany. The company trades as O2 (typeset as O2).
1&1 AG is a German telecommunications service provider headquartered in Montabaur, Rhineland-Palatinate and listed on the TecDAX. Since 2017, the majority of the company has belonged to United Internet, and offers both mobile and landline services.
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