The Croatian incumbent Hrvatski Telekom (HT) continues to see growth in its TV customer total.
As of the end of Q2 it stood at 391,000, or 1.1% more than in the same period last year. Meanwhile, TV ARPU, at HRK81 (€10.8) in Q2, was 0.9% higher than in the same period last year.
HT’s revenues in Q2 amounted to HRK1,729 million (+2.6% year-on-year), while EBITDA, after exceptional items, was HRK711 million (+2.8%). Net profit, at HRK282 million, was 10.3% higher than a year earlier.
Commenting on the company’s half-year performance, Davor Tomaskovic, president of the management board of HT, said: “We can be very satisfied with the financial performance for the first six months as it shows that customers have recognised all the benefits of our fixed and mobile offers. We have recorded an increase in the average revenue per customer, inflow of new customers in the mobile network, and a growth in the ICT and energy segments. Therefore, we will continue investing in network infrastructure and innovative services, in maintaining and strengthening our position of a technological leader on the Croatian market, and in improving customer experience.”