Hrvatski Telekom (HT) saw only modest 0.3% growth in its TV customer total in 2018, ending the year with 418,000.
At the same time, its TV ARPU rose by 2.7% to HRK84 (€11.3).
Meanwhile, its retail broadband take-up stood at 618,000, down 0.9% on a year earlier, with broadband retail ARPU falling by 5.4% to HRK111.
Revenues from broadband and TV services in 2018 amounted to HRK1,294 million, down 1.8% on the previous year.
Looking at the Croatian market in general, HT notes that the pay-TV sector grew by 3.3% in the year to September 30, 2018 to reach 845,000 customers.
It also says that the company invested HRK1.826 billion in infrastructure and the development of innovative services in 2018.
As of year’s end 400,000 households had fibre-optic access and 58.2% of Croatian households were enabled for NGA speeds.
Financially, HT has revenues of HRK7.783 billion in 2018 (+0.4%, or +0.5% excluding Crnogorski Telekom’s contribution.
EBITDA was HRK3.186 billion (+1.5%, +1.2%), while net profit was HRK1.061 billion (+22.9%).
