T-Hrvatski Telekom IPTV subscribers up 15k in 1Q10

ZAGREB — T-Hrvatski Telekom (Reuters: THTC.L, HT.ZA; Bloomberg: THTC LI, HTRA CZ), Croatia’s leading telecommunications provider, announces unaudited results for the three months to 31 March 2010.

T-Com

• Internet growth continues; revenue up 20.6% to HRK 328 million (EUR 45 million), ADSL mainlines up 16.3% to 573,319
• IPTV subscribers up 66.1% to 250,805

T-Com, which provided fixed telephony, wholesale services, Internet and data services encompasses HT-Hrvatske telekomunikacije d.d. and Iskon Internet d.o.o., acquired in May 2006.

MAXtv, the Group’s internet TV service, (together with Iskon’s IPTV), reaches nearly 251,000 subscribers, an increase of 66.1% on Q1 2009 and up from 236,000 at the end of 2009. This is the result of continuing promotional activities such as IPTV push, and the offer of premium content and high-quality, innovative services.

                   March    March  % change      Dec.
                    2010     2009     10/09      2009
                 -------  -------  --------   -------
IPTV customers   250,805  150,953     66.1%   235,980

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