VIPnet has a very happy birthday

7 Jul 2003

Croatian GSM operator VIPnet, a subsidiary of Telekom Austria, is celebrating its fourth birthday with the news that it is now the country’s biggest cellco, having increased its market share to 50.3% to overtake government controlled rival HTmobile. VIPnet had 1.1 million customers at the end of March 2003 and posted an 11% increase in net profit for the first quarter, to USD75 million.