Decrease of the revenues from voice services and growth in the Internet and the IPTV segment
180 thousand DSL customers, growth of 10%
80 thousand Max TV customers at the end of June 2013, growth of 58%
Decrease of the revenues by 9.2% and of the net profit by 39.5%

Makedonski Telekom and T-Mobile Macedonia kept the leading position in the first half of 2013 as well, as shown by the consolidated financial results, in accordance with the International Financial Reporting Standards (IFRS). The increasing trend of the internet and IPTV segment continued, whereas the revenues from voice services drastically decrease.

In the course of the first half of 2013, the revenues at Group level amount to MKD 6.3 billion, which is a decrease of 9.2% compared to the same period of 2012. The net profit decreased by 39.5% and amounts to MKD 1.1 billion.

However, despite the negative trends, according to the internal estimates, Makedonski Telekom holds 71% market share in the segment of fixed telephony and 53% in the segment of broadband internet.

Despite the decrease of the revenues from voice services, the internet and the IPTV segments are growing. The revenues from internet and digital television over internet protocol (IPTV) increased by 8% compared to the first half of the previous year. As a result of the focus on the double and triple play packages the number of DSL customers increased by 10%, which resulted in 180 thousand DSL customer base at the end of June 2013.

Even though with the introduction of the IPTV service Makedoski Telekom entered and challenged a market that was already dominated by the Cable TV operators, it achieved 58% increase in the number of IPTV customers compared to the end of June 2012. As a result of the high-quality service, the interactivity, and the unique TV experience the customer base in the second quarter reached 80 thousand customers.

In the first quarter of 2013, the operating expenses remain relatively stable compared to the same period of the previous year.

T-Mobile Macedonia also remains a market leader with a share of 48.1%, according to the internal data. The decrease of the revenues is a result of the drop of the revenues from the voice retail services. However, despite the fierce competition, T-Mobile’s customer base at the end of June 2013 amounted to 1.2 million users.

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