Increase in the number of users of broadband internet, IPTV and mobile services
8.3% growth of families covered with fibre optic access
Net profit increased by 5.1% in the first three months

Makedonski Telekom achieved positive operating trends in the first three months of 2019, profitability increased, and the number of users of broadband internet in the IPTV segment and mobile services of the company is continuously growing.

Sales revenues increased by 0.7% and amount to MKD 2,519 million. Earnings before income, tax, depreciation and amortization (EBITDA) at the end of the first three months of 2019 slightly decreased by 0.8% YoY, whereas the net profit for the first three months of 2019 increased by 5.1%.

Increase of the number of users of broadband internet, IPTV and mobile services, expansion of the optical network to a larger number of households

The Company has a positive trend of movement and growth of the revenues from retail internet and digital television. Retail internet revenues increased by 2.8%. At the end of the first three months of 2019, the number of broadband internet users increased by 5.2% and reached a total of 197.5 thousand.

Digital TV revenues increased by 14.4%. Concurrently, the trend of increase in the number of IPTV customers continued (including Magenta 1, Internet & TV and other TV services) resulting in an increase by 9.4%, which at the end of the first three months of 2019 resulted in customer base of 130.3 customers.

Makedonski Telekom continuously invests in optical network, and as a result of the commitment to expand the cutting-edge technology that provides superfast internet, the company marks a YoY increase by 8.3% of the families covered with fibre optics. Investments in infrastructure at the end of the first three months of 2019 contributed to as high as 31.6% of the households in Macedonia having an access to the optics of Makedonski Telekom.

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

In the first three months of 2019, Makedonski Telekom increased the share of mobile subscribers by 1.2%. The Company has 1.188 thousand subscribers or 49.6% share on the mobile telephony market, according to the internal estimate. The revenues from mobile non-voice services at the end of the first three months of 2019 increased by 10.8% YoY, as a result of the increased mobile internet revenues and higher GPRS traffic, as well as the increased use of data tariff models.

“With the continuous commitment to provide quality and safe infrastructure and communication services, we managed to achieve even better YoY results in the first quarter of 2019. The positive trend is present in several segments of our operation. The number of broadband internet subscribers and IPTV users increased, we are continuously expanding the optical network whereby we provide access to state-of-the-art technology and superfast internet. In that regard, as we follow the customers’ interest in the upcoming period, we will focus on the convergent services and we will strive to make the optical network accessible to a larger number of citizens in the country. We remain dedicated to the improvement of the infrastructure as a basis for development of new technologies and services“, said the Chief Executive Officer of Makedonski Telekom, Nikola Ljushev.

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