Quarterly Key Data Report Q4 2025
Summary: Quarterly Key Data Report Q4 2025
- In 2025, compared to the same period last year, there was an increase in investments in fixed assets in the fixed network, while investment in fixed assets in the mobile network showed a slight decrease. As expected, investments in VHCN networks increased the most, with over EUR 135 million invested in the observed period of 2025.
- In the first four quarters of 2025, total revenues from services in the electronic communications market amounted to EUR 1.870 million, an increase of 3,63% compared to the same period last year. Revenues from mobile networks services are 2,94 percent higher, and revenues from fixed networks are 5.08 percent higher.
- By the end of the fourth quarter of 2025, the migration of subscribers to fiber networks continued, resulting in an increase of 119.373 fiber broadband lines compared to the previous year, while the copper broadband lines decreased by 84.138. The total number of fiber broadband lines reached 470.996, accounting for 39.76 percent of the total 1.184.418 fixed broadband lines.
- The number of VHCN broadband lines reached 618.640, representing 52.33 percent of the total fixed broadband lines. Moreover, the share of broadband lines with speeds above 100 Mbit/s, regardless of the technology, amounted to 55.40 percent, while the share of connections with speeds above 300 Mbit/s is 41.72 percent.
- In publicly available fixed-line telephony services, the downward trend in usage continued, with annual revenues decreasing by 14.8 percent and total outgoing traffic declining by 12.5 percent. The number of users decreased by 1.5 percent, further confirming the ongoing reduction in demand for this service.
- In publicly available mobile telephony services, total revenue showed a slight decline of 2.1 percent, while the number of users grew by 5.2 percent. Despite the increase in users, total outgoing traffic declined by 2.9 percent, alongside a significant drop in SMS and MMS usage, which decreased by 21.4 percent and 16.8 percent respectively, indicating a continued shift of users toward OTT services.
- The total number of pay-tv subscriptions in the fourth quarter recorded a modest increase of 1.3 percent, reaching 939,653 connections. Subscriptions declined across all technologies except for the company’s own OTT service, which continued to grow strongly, up 58.6 percent. Total revenues from pay-tv services amounted to €39.7 million, representing a 7.6 percent year-on-year increase, despite revenue declines across all other technologies except the company’s OTT platform. Growth remained primarily driven by the OTT service, whose revenues surged by 136.2 percent, reaching nearly €8 million.