T-Mobile Czech Republic, until 2002 known as Pegas, is a subsidiary of the T-Mobile International AG. Similar to the overall market, the Company has been getting under increased pressure from competition, regulation and has been facing rising saturation of the market.
In 2012, total sales reached nearly CZK 25 bil while net profit amounted to CZK 6.95 bil. That is nearly a quarter less than in 2008. Still, Company's profitability remains impressive exceeding 25% while the Company has been operating without any debt.