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Optima Telekom grows IPTV business

November 4, 2019 12.59 Europe/London By Chris Dziadul

The Croatian alternative telco Optima Telekom ended the third quarter with 51,125 residential IPTV customers.

This, according to the company’s latest set of results, was 6.3% up on three months earlier and 8.2% up on the 47,262 posted in Q3 2018.

However, its business IPTV customer total fell to 1,726 in Q3 this year, down 2.9% on three months earlier and 13% on the total in September 2018.

Optima Telekom’s residential broadband revenues in Q3 were 6.8% lower than a year earlier while those for IPTV services were up 3.6%.

Total revenues in the first nine months of the year were 7.5% higher than in the corresponding period in 2018, while EBITDA was up by 8.8%.

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Filed Under: Central & East Europe, Newsline Tagged With: Croatia, Optima Telekom Edited: 4 November 2019 12:59

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About Chris Dziadul

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