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Sluggish times for Croatia’s T-HT

October 30, 2012 16.40 Europe/London By Chris Dziadul

The Croatian incumbent telco T-HT ended the third quarter with 329,290 residential subscribers to its TV services.

This was 3.6% more than in the same period last year and 0.8% more than three months earlier.

It also had 19,992 business subscribers, up 5.7% and 0.8% on a year and three months respectively.

T-HT also had 523,669 residential broadband (-2.7%, -0.8%) and 104,935 business broadband (-2.6%, -1%) subscribers.

The company’s revenues in the first nine months of the year amounted to €753 million, down 7.1% on a year earlier, with underlying revenue down 6.8%.

EBITDA fell by 6.7% year-on-year to €347 million and net profit by 6.4% to €185 million.

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Filed Under: Central & East Europe, Newsline Tagged With: Croatia, T-HT Edited: 30 October 2012 16:40

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