THE 30th MEETING OF ETNO WORK GROUPS FOR PERMANENTLY SUSTAINABLE DEVELOPMENT IS TAKING PLACE IN PRAGUE

8.6.2006

At this time, the 30th meeting of work groups for permanently sustainable development that operate in the framework of the European Telecommunications Network Operators (ETNO) is taking place in Prague. The meeting, which is running from June 8 to 9, 2006, is being hosted by ČESKÝ TELECOM. Twenty representatives of leading European telecommunications operators will take part in it. Other specialists will be continuously involved by means of audio conferencing.

The meeting is symbolically taking place during the two-year anniversary of ČESKÝ TELECOM’S entry into the Charter of Sustainable Development. The operator’s parent company, Telefónica, is also a signatory.

Activities that aim to ensure permanent sustainable development do not only include environmental protection. They are based on three pillars: environmental, economic and social responsibility. A company’s level in these fields is evaluated by the “Dow Jones Sustainability Index”. In the chart compiled according to the criteria that this index assesses, Telefónica ranks second.

For further information, please contact:
MARTIN ŽABKA
Press Spokesman
Tel: +420 271 463 359
Fax: +420 271 469 896
e-mail: tiskovy.odbor@ct.cz

ČESKÝ TELECOM, a. s., member of the Telefónica Group is the leading telecommunications company in the Czech Republic. Through its subsidiary company Eurotel Praha, spol. s r.o., it also has a significant presence in the Czech mobile services market. Further information about the firm and the services it offers is available at www.telecom.cz, which was rated as BestWeb 2003 in the WebTop100 survey.

Signum Temporis has consistently awarded ČESKÝ TELECOM for being one of the domestic capital market's most transparent firms in terms of providing information. Based on an open vote of specialists, members of the press and a nine-member committee, ČESKÝ TELECOM placed first in 2003, just as it did in 2001.

ČESKÝ TELECOM ranks among the most prominent firms on the Czech capital market in terms of capitalization and trading volumes. Its shares are also traded on the London Stock Exchange in the form of GDRs. ČESKÝ TELECOM's credit rating is the highest a Czech corporation can receive from top international rating agencies.

About Telefónica

Telefónica is one of the largest telecommunications companies in the world in terms of market capitalisation. Its activities are centered mainly on the fixed and mobile telephony businesses with broadband as the key tool for the development of both.

The company has a significant presence in 19 countries and a customer base that amounts more than 180 million accesses around the world. Telefónica has a strong presence in Latin America, where the company focuses an important part of its growth strategy.

Telefónica is a 100% listed company, with more than 1.5 million direct shareholders. Its share capital currently comprises 4,921,130,397 ordinary shares traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao and Valencia) and on those in London, Paris, Frankfurt, Tokyo, New York, Lima, Buenos Aires and São Paulo.


 

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