The Croatian incumbent Hrvatski Telekom (HT) saw modest growth in its TV subscriber base in 2022, ending the year with a total of 538,000.
This, according to the company in its latest results, was 0.5% higher than at the end of 2021. TV ARPU was also higher, increasing by 1.8% to HRK88 (€11.68).
Meanwhile, HT’s Montenegrin subsidiary Crnogorski Telekom ended 2022 with 79,000 TV subscribers, or 6.7% more than a year earlier.
HT Group as a whole, including Optima Telekom’s contribution in H1 2021, had revenues of HRK7,410 million in 2022, up 0.2% on the previous year.
Adjusted EBITDA AL was HRK2,845 million (-1.3%) and net profit HRK655 million (+6.6%).
