T-Hrvatski grows pay TV base but revenues fall again
29 Jul 11 -
Deutsche Telekom-owned Croatian telco T-Hrvatski Telekom continued to grow its TV base in the second quarter, ending June with a total of 303,927 customers.
That represents a year-on-year increase of 22.7%. ADSL customer numbers were up 11.9% to 538,877. However, the country’s economic problems meant the telcos’s revenues were down 4% to €525 million. EBITDA was also down 3.1% to €226 million.