During the first nine months of 2020, Makedonski Telekom recorded good results despite all the challenges in the operation imposed by the Covid-19 pandemic. The growth trend in the number of customers in the Internet and the TV segment continues, and there is a new positive trend in the ICT segment as well. The sales revenues of Makedonski Telekom during the first nine months of 2020 are stable, 0.1% lower compared to the previous year and amount to MKD 7,927 million. The earnings before interest, taxes, depreciation, and amortization (EBITDA) decreased by 5.2% as compared to the same period of the previous year.

The growth trend in the Internet and TV segment continues

The number of customers in the Internet and TV segment continued to grow during the first nine months of 2020. The broadband internet customer base increased by 4.7% and reached a total of 209.8 thousand. Makedonski Telekom remains in the leading position in the TV segment on the market, by offering exclusive contents and a unique TV experience. With the growth of the number of these customers by 5%, in the first nine months in 2020 Makedonski Telekom strengthened its leading position with a base of over 140 thousand subscribers. As a result of such growth, the revenues from the internet segment increased by 1.9%, whereas the revenues in the TV segment increased by 7.1%.

New positive trend in the segment of ICT services

The growing trend of use of ICT and Cloud solutions and services led to an increase in revenues from System Integration and IT services by 42.3% compared to the same period last year. The ICT services and solutions offered by Makedonski Telekom as well as the guaranteed data security and internet protection are a precondition for this growth, positioning Makedonski Telekom as a partner for business digitalization.

A stable and high-quality network in conditions of accelerated digitalization

Over the past nine months, continuous investment was made to strengthen the capacity of the network to meet the growing digital needs of private customers and businesses. Makedonski Telekom remains committed to keeping its network capacity and Internet access flawless so as to ensure uninterrupted communication.

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