Czech Telefonica posts record 9-month profit

PRAGUE, Oct 27 (Reuters) - Dominant Czech phone operator Telefonica O2 CR <SPTTsp.PR> posted on Friday a 34 percent year-on-year jump in nine-month net profit, beating analyst forecast of a 25 percent rise.

The firm, formerly known as Cesky Telecom and majority owned by Spain's Telefonica <TEF.MC>, reported net profit of 6.85 billion crowns ($306.1 million), the best result ever for the nine month period, versus 5.11 billion crowns a year earlier.

Twelve analysts in a Reuters poll forecast net profit of 6.35 billion crowns on average, as lower one-off costs and growth in mobile and data services helped boost profitability despite the shrinking fixed-line voice business.

Nine-month revenue grew by 0.6 percent year-on-year to 45.60 billion crowns ahead of the company's outlook -- confirmed on Friday -- of flat revenues for the full year. ($1=22.38 Czech Crown)

((Reporting by Marek Petrus

Editing by Alan Crosby

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Keywords: TELECOMS CZECH O2