T-HT delivered strong performance in 2008

T-Hrvatski Telekom (Reuters: THTC.L, HT.ZA; Bloomberg: THTC LI, HTRA CZ), Croatia’s leading telecommunications provider, announces its consolidated audited results for the financial year 2008.

T-Com

MAXtv, the Group’s interactive TV service, has been a major success with a 210.0% increase in subscribers to 135,573, with particularly strong growth since late October, when subscriber numbers broke through 100,000 subscribers. This strong growth was supported by the new standalone MAXtv service, which does not require a broadband subscription.

MAXtv features blockbuster films from studios including Warner Bros, Paramount Pictures, NBC Universal as well as numerous local and international TV channels including an HBO premium package (HBO, HBO Comedy) and an exclusive HBO Digital on-demand service. A premium service offers a networked personal video recorder, with the ability to record MAXtv channels whenever the subscriber wishes. MAXtv product innovation included the introduction of high-definition TV with up to seven HD channels.

                    Dec.      Dec.   % change 
                    2008      2007      08/07
                 -------   -------   --------
IPTV customers   135,573    43,734       3.1x

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