PRAGUE, Jan 29 (Reuters) - The board of fixed and mobile operator O2 Czech Republic will make a shareholder payout proposal well ahead of its annual general meeting, Chief Financial Officer Tomas Kouril said on Tuesday.
The company reported on Tuesday a drop in fourth-quarter net profit a touch deeper than analysts expected. Analysts in a Reuters poll expect the company to maintain last year’s shareholder payout of a total 21 crowns per share.
O2 Czech Republic’s Chief Executive Jindrich Fremuth also said on an earnings call the company expected more clarity in the coming months on a new spectrum auction and whether it may take place in the second half of the year or early next year. (Reporting by Jason Hovet)