Telekom Slovenije reports growth figures

28 Nov 2008

Slovenia’s state-run national telco Telekom Slovenije has reported that it total number of domestic fixed broadband subscribers increased by 26,000 in the twelve months ended 30 September 2008 to 191,634, whilst it claimed 96% growth in its IPTV customer base over the same period, from 33,580 to 65,929. Traditional voice telephony lines in service were down by 78,689 year-on-year to 679,231 at the end of September. Telekom also reported that its consolidated group operating revenues rose to EUR643.6 million (USD830.6 million) in the first nine months of 2008, up from EUR587.0 million in the same period of 2007, yielding a three-quarterly net profit of EUR71.8 million, down from EUR75.0 million in 9M07. EBITDA in January-September 2008 climbed by EUR16 compared to last year to EUR245.1 million. Domestic mobile subsidiary Mobitel’s nine-month operating revenues increased by EUR20 million year-on-year to EUR350.3 million, with net profit also climbing to EUR48.3 million, compared to EUR42.4 million in the first three quarters of 2007. Mobitel’s total subscribers stood at 1.223 million at end-September 2008, down from 1.266 million twelve months previously. At Telekom’s South-East Europe division, the group has undergone further consolidation of broadband and cable operators, especially in Republika Srpska (involving a merger of Blic.net and Aneks) and Albania, and has recently established a new daughter company SIOL Hrvaska (Croatia). The regional division’s broadband user base increase by 2.4 times from 43,489 at 30 September 2007 to 105,340 a year later.

Slovenia, Telekom Slovenije (incl. Mobitel)