T-Hrvatski Telekom, Croatia’s leading telecommunications provider, announces unaudited results for the six months to 30 June 2013.
Ivica Mudrinić, President of the Management Board (CEO), said: We have delivered a resilient set of results and maintained our leading market position despite continued pressure from the challenging operating environment in the second quarter of 2013. We are extending our portfolio of services and investing in our future.
Our focus on improving Group network capabilities continues alongside a range of e-transformation projects underway across the business. Development of the Group’s LTE coverage is making good progress, the innovative TeraStream project remains on track and we have closed the first local exchange following the migration of all of its customers to an IP based voice delivery platform.
At the same time, we have addressed more immediate issues such as Croatia’s accession to the EU, introducing special tourist offers, amongst others. Whilst monitoring progress in the business during the important third quarter, the Group maintains its full year financial outlook for 2013.”