T-Hrvatski Telekom sees strong TV growth

Deutsche Telekom-owned Croatian telco T-Hrvatski Telekom had 317,847 TV customers at the end of September, up 21.7% year-on-year, and up 4.6% quarter-on-quarter.

T-Hrvatski Telekom said that its IPTV and DTH services were boosted by new sports content, pay-per-view services and try-and-buy offerings. The group noted that competition would be increased by the acquisition of cable operator by Telekom Austria-owned mobile service provider VIPnet in June.

The operator had 538,000 residential broadband customers, up 8.3% year-on-year.

T-Hrvatski Telekom reported revenue of HRK6.092 billion (€812 million) for the first nine months of the year, down 3.6%, and EBITDA of HRK2.799 billion, down 2.1%.