Wood and Company - O2 Czech Republic a.s. (TELEC) WOOD Flash – O2 Czech Republic: coverage discontinued

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Wood and Company

Research Team

WOOD Flash – O2 Czech Republic: coverage discontinued

We are discontinuing our coverage of O2 Czech Republic, with immediate effect, due to the delisting of the stock as of 25 February 2022. The last trading day will be 24 February 2022. We caution against using the forecasts, ratings and price target guidance issued previously on this stock.

15/02/2022 1 EN

Underlying

O2 Czech Republic a.s.

O2 Czech Republic is a provider of voice, data and other telecommunications services in the Czech Republic. Co. provides telephony services to business and residential customers, operates pay phones, provides cellular phone services, euroISDN, leased lines, Internet and data services (including internet online ISDN services which offer digital connection to the internet network), telephone equipment and other services. Co. comprises two main business segments: the Fixed segment which is telephone services using the fixed telephone network and the Mobile segment which is mobile telephone services provided by Telefonica O2 Slovakia.

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CZ0009093209 Prague Stock Exchange Czech Republic

Provider

Wood and Company

WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.

A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.

Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.

We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.

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Analysts

Research Team

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WOOD Flash – O2 Czech Republic: coverage discontinued

WOOD Daily: Mytilineos (stays BUY), LTS PW, BVB RO, MNOD LI, ALRS RM, 4IG HB, TELEC CP, RO macro, DIGI RO

The Rear-View Mirror – EME markets: Russia’s equities down, while Turkish and Hungarian stocks gain

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WOOD Flash – GEVORKYAN: 1Q24 – strong set of results, with EBITDA up 24% yoy, 17% above our estimate

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