Hrvatski Telekom TV customer base down 1.5% in 2015
Wednesday, February 24th, 2016![Hrvatski Telekom logo Hrvatski Telekom logo](https://www.digitaltvnews.net/wp-content/uploads/logos/ththr.jpg)
ZAGREB — Hrvatski Telekom (Reuters: HT.ZA; Bloomberg: HTRA CZ), Croatia’s leading telecommunications provider, announces its audited results for the year ended 31 December 2015.
The Croatian Pay TV market is highly competitive and still growing. The Pay TV market grew by 3% in Q3 2015 reaching 750,275 customers. The leading Pay TV technology in the Croatian Pay TV market is IPTV.
The TV customer base decreased by 1.5% from 393,000 customers at the end of 2014 to 388,000 of customers at the end of 2015 as a result of aggressive competitive bundled offers on the market and regulation.
Satellite TV continues to grow, with further improvements providing more value to the customers, and resulting in 20.6% more customers than at the end of 2014.
Key operational data
Q4 2014 Q4 2015 change ------- ------- ------ TV customers 393 388 -1.5% - Residential 370 364 -1.6% - Business 23 23 -0.3% thereof IPTV 333 316 -5.1% - Residential 312 296 -5.2% - Business 21 20 -2.9% thereof Cable TV 6 6 -0.4% - Residential 6 6 -0.4% - Business 0 0 -1.4% thereof Satellite TV 54 65 20.6% - Residential 52 63 20.5% - Business 2 3 23.0%
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