RPT-Czech Telefonica 9M net profit seen up 12 pct

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* Telefonica O2 Czech Republic nine-month earnings.

* Oct. 25, after the market close at 1400 GMT

* Net profit for the nine months seen rising 12 percent year-on-year to 7.64 billion crowns

By Jan Korselt

Net nine-month profit at Telefonica O2 Czech Republic is seen rising by 12 percent, driven by mobile and data services, a Reuters poll showed on Monday.

The average of nine analysts forecasts for net profit was 7.64 billion crowns ($399.8 million) compared with 6.85 billion in the first three quarters of 2006. Revenues are expected to be at 47.06 billion, up 3 percent year-on-year.

"The projected 17.7 percent increase in internet and broadband revenues will go some way to offsetting the decline in traditional services," said Milan Vanicek, an analyst at Czech brokerage Atlantik FT.

Operating income before interest, tax, depreciation and amortisation (OIBDA) are expected to be 3 percent lower due to higher marketing costs and the roll-out of Slovak mobile arm, the poll showed.

The Czech operator, majority-owned by Spain's Telefonica , introduced mobile operations in Slovakia in February.

Telefonica O2, rebranded from Cesky Telecom last year, trades at 18 times forecast 2007 earnings, according to Reuters Estimates. That represents a premium to the pan-European DJ Stoxx Telecoms Index , with a multiple of nearly 13. ---------------------------------------------------------------- Analysts' estimates for 9M/2007 (in bln CZK):

Average Median 9M-06 Range REVENUE 47.06 47.12 45.60 46.63-47.40 CORE PROFIT (OIBDA) 21.58 21.54 22.15 21.08-21.91 OPER.PROFIT (EBIT) 10.48 10.45 9.52 10.01-10.87 NET PROFIT 7.64 7.63 6.85 7.12- 8.04 ----------------------------------------------------------------

NOTE - The following equity houses took part in the poll: Atlantik FT, BH Securities, Cyrrus, Erste Bank/Ceska Sporitelna, Komercni Banka, Morgan Stanley, KBC Securities/Patria Finance, Raiffeisenbank, Unicredit Global Research.

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Keywords: TELEFONICACZECH RESULTS/

[PRAGUE/Reuters/Finance.cz]