T-Hrvatski Telekom (Reuters: THTC.L, HT.ZA; Bloomberg: THTC LI, HRTA CZ), Croatia’s leading telecommunications provider, announces that its business unit T-Com has changed the method of charging its monthly access fee for voice services. This will have no material impact on Group’s performance.
From December 2008 the fee for realised traffic as well as the monthly access fee will be charged for the month for which the invoice is issued, in arrears. Previously the access fee was charged during the month.
This new method of charging will improve our customer relations and certain Group operating processes. The Group does not expect any significant effect on the income statement and only a one-off cash flow delay in the monthly access fee charge.