The Croatian incumbent telco T-HT ended Q1 with 250,805 IPTV subscribers, or 66.1% more than a year earlier.
The figure included those for both its MAXtv and Iskon services, with the former gaining 15,000 net subscribers in the first quarter. T-HT also had 573,319 ADSL subscribers at the end of Q1, up 16.3% on the total a year earlier.
Internet revenues in Q1 rose by 20.6% to HRK328 million (€45.2 million).
Overall, TH-T’s revenues in Q1 were down by 6% to HRK1,943 million and EBITDA by 13.8% to HRK819 million. Net profit fell by 13.9% to HRK819 million.