Crnogorski Telekom highlights TV growth

Deutsche Telekom-owned Montenegrin service provider Crnogorski Telekom said it increased its TV subscriber base in the quarter to March.

Crnogorski Telekom said its Extra TV base grew by 9% or 5,000 subscribers year-on-year to reach 62,700.
The company’s fixed broadband base grew by 6% or 4,500 customers over the year to reach 75,400.

According to Crnogorski Telekom, Extra TV has maintained its leading position in the Montenegrin TV operator market with a 42.3% share.

The operator posted revenues of €24.6 million for the first quarter, down 2%, while EBITDA was up 4% to €9.6 million.