Optima set to double spending in 2011

16 Nov 2010

Alternative telco Optima Telekom has announced plans to double CAPEX in 2011 to HRK100 million (USD18.4 million). CEO Matija Martic did not specify the exact source of the funds but confirmed that the spending would not be financed via additional leverage. The company forecasts sales growth of 15% in 2011, while operating income is expected to remain flat.

Croatia, Optima Telekom (incl. H1 Telekom)