Revenues up and down at T-Mobile Croatia, T-HT

5 Mar 2007

Croatian former monopoly telco T-Hrvatski Telekom (T-HT) earned revenues of HRK5.48 billion (USD986 million) in 2006, down by 3.9% compared to 2005, and posted EBITDA of HRK2.4 billion, down 3.2%. At the end of 2006, T-HT had 1.65 million fixed line telephony customers, a decrease of 1.7% in the year, whilst its broadband internet user base grew by 113% to 216,000. Meanwhile, T-HT’s mobile subsidiary T-Mobile Croatia generated EUR556 million in revenues, up by 8.6% year-on-year, with EBITDA down by EUR1 million to EUR237 million. The cellco’s total mobile users increased by 13.4% in twelve months to 2.16 million at the end of December, as the number of post-paid clients rose by a third. Average monthly revenue per user (ARPU) fell from EUR24 to EUR21, whilst non-voice ARPU remained at 15% of the total. T-Mobile Croatia is 100% owned by T-HT, which is itself owned by Deutsche Telekom (51%) and the Croatian government (49%).

Croatia, Hrvatski Telekom (HT)