Croatia’s incumbent telco T-HT ended the second quarter with 256,846 IPTV subscribers. The figure was 2.4% up quarter-on-quarter but a much more impressive 50.6% more than 12 months earlier.
The company’s ADSL subscriber total meanwhile stood at 583,556 at the end of June, 1.8% up quarter-on-quarter and 14.5% higher than 12 months earlier.
T-HT’s overall results were hit by the recession and special taxes, with H1 revenues down 3.9%to HRK4,042 million (€556 million), EBITDA down by 10.5% to HRK1,721 million and net profit down by 24.7% to HRK822 million.
The IPTV subscriber figures provided by T-HT were for its IPTV service MAXtv and those of Iskon, a wholly owned subsidiary.