Increase in the number of customers in each segment: internet, TV and mobile
Net profit in 2019 increased by 6.3%
TV market leader with customer growth of 6.2%

Makedonski Telekom achieved positive operating results in 2019. The company overachieved the set targets and completed the previous year with increased revenues and growth of the net profit, compared to the previous year. In 2019 the growing trend of the number of customers in the mobile telephony, internet and television continued. By achieving positive results in the previous year, Makedonski Telekom set a solid ground for further development, investments, modernization of infrastructure and introduction of modern technology solutions and services on the market.

Continuous growth of the financial parameters
Sales revenues of Makedonski Telekom in 2019, compared to the previous year, increased by 3.6% and amount to MKD 10.8 billion. Earnings before income, tax, depreciation and amortization (EBITDA) increased by 4.7% compared to the previous year, whereas the net profit increased by 6.3%

Growth of the customer base
At the end of 2019, Makedonski Telekom increased the number of customers in all segments of its operation. With the 1.2% increase of the customer base, the total number of customers in the mobile segment reached 1.2 million subscribers. The broadband internet customer base increased by 4.1% and reached a total of 204 thousand. At the end of the second quarter of 2019 Makedonski Telekom positioned as a leader in the TV segment on the market. With the growth of the number of customers by 6.2% (including Magenta 1, Internet&TV and other TV services) at the end of 2019 MKT strengthened its position with a customer base of 136 thousand subscribers. MaxTV remained customer's first choice due to the exclusive contents, quality, unlimited possibilities for interaction, as well as the unique TV experience.

The focus on network investments continues
Makedonski Telekom continues to invest in infrastructure and improve its capacities constantly and relentlessly. Hence, as a result of the investments, the number of households covered with optics increased by 13.6% compared to the previous year. At the end of 2019, one-third of the households in the country were able to connect to the Telekom optical network and use the benefits of this technology. In 2019 the company also installed the first test 5G network in Skopje, and the real time testing and all necessary steps for introduction of 5G technology continue.

The operating results in 2019 presented above, for the purposes of making a comparative analysis with the previous year, are presented without the effect of the International Financial Reporting Standard 16 “Leases”.

Press Center old

Press Releases

Information

Photo Galleries

Press Releases

{{Title}}

LINKS

SHORTCUTS:

Contact Center