Croatia’s HT faces USD4m fine

16 Oct 2019

The Croatian fixed and mobile service provider Hrvatski Telekom (HT) has been handed a record HRK28.1 million (USD4.1 million) fine for not providing local regulator HAKOM with its retail pricing. A report from Broadband TV News citing Poslovni says that HT was fined in April this year and its appeal has now been turned down by the High Court in Zagreb. The fine relates to a roughly nine-month period in 2016/17. HT is required to submit price lists to HAKOM to prevent it from selling services at below cost in order to undercut its rivals which rely on its infrastructure under wholesale deals. HT is majority owned by Deutsche Telekom (DT).