Industry Updates

'SAMENA Daily' - News

Croatia’s telcos to continue investments despite legal uncertainty and burdens on income

Croatia’s three leading telcos – Hrvatski Telekom (HT), Vipnet and Tele2 Hrvatska – all expect to have a challenging year in 2016.

However, reports Poslovni, they will continue to invest in infrastructure, advanced technology and innovative services.

Meanwhile, the regulator HAKOM expects high-speed internet access to become available throughout the country this year.

Davor Tomaskovic, the CEO of HT, said that the incumbent will invest even more than last year’s HRK1.3 billion (€169.4 million) in infrastructure. At the same time, it is waiting for the removal of administrative barriers and for more legal certainty, as well as lowering excessive burdens on income, to help with this investment.

Jiri Dvorjancansky, the CEO of Vipnet, said that the challenges in Croatia and Macedonia for Telekom Austria Group would be an opportunity to create a strong convergent challenger, while Malin Holmberg, the president of Tele 2 Hrvatska and executive VP of Tele2 Group for Central Europe, indicated that the beginning of 2016, like 2015, would be marked by significant investment.



Source: http://www.broadbandtvnews.com/2016/01/08/croatian-telcos-face-challenges/

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