PRAGUE, Czech Republic-EuroTel Praha, a cellular operator in the Czech Republic, reported that growth increased 250 percent between third quarter 1996 and the third quarter 1997, ending the period with more than 316,000 customers.
Total revenues for the first nine months were $238 million, for year-over-year growth in excess of 175 percent.
EuroTel’s Global System for Mobile communications network currently covers 81 percent of the country’s geography and 88 percent of the population, said the company.
“EuroTel’s strong results in the Czech Republic show just how much people value wireless service,” said Tom Bartlett, president and chief executive officer of Bell Atlantic International Wireless.
“EuroTel’s performance also puts it in the company of our Omnitel business in Italy, giving Bell Atlantic a portfolio with two of the world’s fastest-growing wireless operations,” Bartlett added. EuroTel Praha is a joint venture of SPT Telecom Inc. (51 percent) and Atlantic West B.V. (49 percent).
