Croatia’s incumbent telco T-HT ended Q1 with 56,000 subscribers to its MAXtv IPTV service, or 3.5 times more than the 16,000 only 12 months earlier.
At the same time, its ADSL subscriber line total rose by 50.1% from 251,000 to 377,000. T-HT, which is 51% owned by Deutsche Telekom, has also posted unaudited revenues of €280 million for the first quarter, or 3.7% more than in the corresponding period 12 months earlier.
Its net profit meanwhile fell by 2.6% to €75 million.