Increase in the number of users of broadband internet and IPTV services
Net profit increased by 2.5%

Makedonski Telekom shows positive operating trends in 2018. Sales revenues at the end of 2018 increased by 2%, profitability increased, and the number of users of broadband internet and IPTV services of the company is continuously growing.

Earnings before income, tax, depreciation and amortization (EBITDA) at the end of 2018 increased by 3.3% YoY, whereas the net profit for 2018 increased by 2.5%

Increase of the number of users of broadband internet and IPTV services, expansion of the optical network

In 2018 the Company recorded a positive trend in the number of broadband internet users. At the end of 2018, the total number of broadband internet users increased by 1.2% YoY and reached 196.3 thousand.

The trend of increase in the number of IPTV customers continued (including Magenta 1, Internet and TV and other TV services) resulting in an increase of 9.3% YoY and in customer base of 128.4 thousand at the end of 2018.

Led by the idea to bring the most advanced technology closer to the citizens, Makedonski Telekom continued to invest in the optical network, which resulted in 7% increase YoY in the number of households and families covered with optical access. Therefore, as a result of the continuous expansion of the optical network, at the end of 2018, 31% of the households in Macedonia had access to optics from Makedonski Telekom and a possibility to use super fast internet.

Increased share of mobile subscribers, growth in the non-voice services

In 2018, Makedonski Telekom increased the share of mobile subscribers. As a result, at the end of 2018 the Company had 1,206 thousand subscribers or 49.7% share on the mobile telephony market (internal estimate). The revenues from non-voice services at the end of 2018 increased by 11% YoY, as a result of the increased mobile internet revenues and higher GPRS traffic, as well as the increased use of data tariff models.

“We achieved excellent financial results in 2018. For the first time we have an increase in revenues YoY. We managed to increase the share of post-paid subscribers in our own mobile network as a result of the attractive offers throughout the year. Our commitment to the growth of the fixed segment and the exclusive TV content contributed to the growth of fixed broadband internet users and increase of the number of IPTV users. Last year we celebrated the 10 year anniversary as of the launching of the unique Max TV service on the market, a service which we have been advancing and upgrading over the years in order to meet the needs of our customers. I am thrilled that once again we reaffirmed our position as operator with the best network in Macedonia and received the P3 certificate, an international acknowledgement for the quality of the mobile network.

That is why this year we will remain focused on the provisioning of state of the art technological solutions as leaders in the digital transformation of the society. Of course, we will continue with the network investments as a precondition for the introduction of unique products and services in order to meet the needs and interests of each and every user, which arise from the modern and dynamic way of life", said the Chief Executive Officer of Makedonski Telekom, Nikola Ljushev.

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