T-Hrvatski Telekom (T-HT), Croatia’s dominant telecoms group, has reported its results for the three months to 31 March 2012, in which it said that the economic climate, regulatory framework and competitive landscape all ‘got tougher’, leading to a consolidated revenue fall of 4.7% year-on-year to HRK1.806 billion (USD316 million), while it continued applying rigorous cost cutting measures to protect margins. In the residential segment, T-HT’s mobile subscribers decreased by 6.5% year-on-year and 5.2% quarter-on-quarter, while ADSL users increased by 0.2% (to 536,000) and pay-TV customers reached a total of 325,000, up by 8.9% in twelve months
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OVETEL T-HT’s sales down 4.7% in tough climate; pushes new LTE data packages
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