Optima Telekom losses worsen

3 Nov 2008

Optima Telekom, Croatia’s largest alternative fixed telephony operator, has posted a 10% year-on-year increase in net loss in the third quarter to HRK91 million (USD16.1 million), mainly due to the company’s interest expenses doubling to HRK39.7 million in the period. The fixed line and broadband operator recorded HRK328 million in sales in the three months ended 30 September 2008t, up by an annual 38.7%.

Croatia, Optima Telekom (incl. H1 Telekom)