Czech mobile operator Oskar Mobil is to be rebranded next year following its sale to Vodafone, Oskar spokesman Petr Sindler told AFP on June 1. The operator, the Czech Republic's newest and smallest with 17 percent market share, will be known as Vodafone CZ from 2006. "There will be no major changes this year," added Sindler.
The sale to Vodafone of Canadian-based TIW's 100 percent stake in Oskar and a 79 percent stake in MobiFon was completed on May 31. Vodafone paid 3.5 billion dollars (2.9 billion euros) and assumed net debt of 950 million dollars.
"We will gradually incorporate Oskar into the Vodafone framework and examine how it can help us. Nothing will change before the end of 2005," Paul Donovan, general director of the British operator's Other Vodafone Subsidiaries division, told journalists Wednesday.
Donovan said that Vodafone had rebranded all the European companies it had bought since 2000.
Oskar, which launched in 2000, has almost 1.9 million customers.
MobiFon, which launched commercial operations in 1997, is the market leader in Romania with a 48 percent market share and 4.91 million subscribers. Vodafone already held a 21 percent stake in the company.
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