Hrvatski Telekom buoyed by TV figures

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Hrvatski Telekom buoyed by TV figures
July 29, 2013 11.14 Europe/London By Chris Dziadul

Hrvatski TelekomThe Croatian incumbent Hrvatski Telekom (T-HT) ended the second quarter with 374,294 TV customers, a figure representing 59.3% of its total fixed broadband customers base.

Its residential TV subscriber total stood at 352,323, which was 8.1% up on a year earlier and up 1.5% on the previous quarter.

The Croatian pay-TV market as a whole amounted to 642,770 customers at the end of the first quarter, or 5.8% more than a year earlier.

T-HT’s revenues in Q2 were €454 million, compared to €484 million in the corresponding period in 2012.

EBITDA was down by 17.8% to €180 million and net profit by 29.4% to €875 million over the same period.
 
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