Investment and revenue growth in the electronic communications market
ZAGREB, June 10, 2022 – In the first quarter of 2022, in the electronic communications market, investment in the fixed network continued to grow.
In comparison to the same period of the previous year, total investments increased by 18.5 percent, while investments in VHCN networks (very high capacity networks) increased by 44.5 percent. In the first quarter, the number of high-speed broadband users exceeding 100Mbit/s continued to grow, so that at the end of the period of observation they account for 30.6 percent of the total number of broadband connections, or 82 percent more than a year ago. The migration of users from the copper network to the VHCN network affected the reduction of the number of connections via the copper network, but also the increase of connections via optical technologies by 33 percent. A 0.3 percent growth in Pay-TV connections continues as well. Compared to the first quarter of 2021, when 59% of households accompanying a form of tolling television had a Pay-TV, this number increased to 62.5 and 3.5%, respectively in 2022.
Total annual market revenues increased by 2.1 percent. Revenues from broadband internet access services have increased by 5.5 percent, network and water rental by 2.1 percent, and Pay TV by 3.2 percent, and revenues and the number of users on the
mobile phone market are expected to decrease, as well as revenues from public voice services in the mobile network, which includes both SMS and MMS messages.
Data on the electronic communications market is available on the website of the Croatian Regulatory Authority for Network Industries (HAKOM) at the following link.
For additional information please contact:
Croatian Regulatory Authority for Network Industries (HAKOM)
- Roberta Frangeša-Mihanovića 9 Street
- 10110 Zagreb, Croatia
- Tel. + 385 (0) 1 700 70 07
- Fax + 385 (0)1 700 70 70
Media inquiries can be submitted online using HAKOM’s official website: www.hakom.hr
HAKOM - Croatian Regulatory Authority for Network Industries – ensures preconditions for a fair market competition, stable growth and environment for innovations in the electronic communications and postal services market. HAKOM protects users’ interests and the possibility of choice among various communications and postal services at affordable prices, defines sustainable competitive conditions for operators and service providers under fair conditions for return on investment, and provides support to economic growth, public services and the quality of life in the Republic of Croatia by using modern technologies. HAKOM’ strategic goals are: to promote regulation of the electronic communications and postal services market, to support growth of investments and innovations in the electronic communications and postal services market, to provide efficient use of limited resources, to accelerate the growth of broadband products and services, to provide affordable offers of communications and postal services, to provide protection and informing of users, to build an efficient and comprehensive information system, to define and implement efficient processes, and to acquire multi-disciplinary expertise in market regulation.