Croatian Telecom has maintained a growth trend, achieving a four percent increase in revenue year-on-year, driven by positive business developments in the mobile and fixed services segments and profitable operations in the area of system solutions.
According to the statement, adjusted EBITDA AL grew by 3.2 percent year-on-year, thanks to strong revenues and continuous transformation of the operational model, which helped mitigate cost and inflationary pressures.
Net profit after minority interests increased by 4.8 percent compared to the previous year, with the growth of adjusted EBITDA AL partially offset by higher depreciation and lower net financial results.
– In the first nine months of this year, we continued to achieve good results in all key business segments, aided by the transformation of the operational model. Our market-leading investments reached 181.7 million euros, representing a growth of 12.9 percent compared to the previous year. This confirms our commitment to building the digital infrastructure crucial for the future of Croatia, modern optical and mobile networks that connect individuals, the economy, and society as a whole – stated Nataša Rapaić, CEO of Croatian Telecom.
Continuation of Optical Expansion
During the first nine months, Croatian Telecom continued to expand the largest FTTH (fiber to the home) optical network in Croatia, increasing it by more than 20 percent year-on-year, enabling fast and reliable connectivity for households and business users across the country, including rural areas.
Further upgrades and optimization of the 5G network have additionally improved mobile network performance, especially during the summer months when usage was most intense.
In addition, the 5G campus network Rijeka Gateway, under which Croatian Telecom equipped a new container terminal in the port of Rijeka with a 5G network, was recognized at the European Digital Connectivity Awards 2025 by the European Commission as one of the most innovative digital connectivity projects in Europe.
– Thanks to the great commitment of the entire company and our employees, we are on track to enable a gigabit optical network for one million households and businesses by the end of the year. The continuous development of our 5G network and innovative solutions has resulted in excellent performance and international recognition, while at the same time, our commitment to the quality of services and products has provided our users with the best customer experience – added Rapaić.
