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Croatian T-HT sale delayed

May 23, 2007 10.06 Europe/London By Chris Dziadul

The sale of a 20% stake in the incumbent Croatian telco T-HT is to be put back from next month until October. According to local reports, the reason for the delay is a problem related to he ownership of underground optical cables, which will affect the final share price. T-HT is currently majority owned by Deutsche Telekom and its interests include an IPTV service named MAXtv. Launched in September 2006, it had almost 16,000 subscribers at the end of Q1 2007. T-HT’s ADSL customer total meanwhile stood at over 250,000.

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Filed Under: Central & East Europe, Newsline Edited: 23 May 2007 10:06

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