Investments in the electronic communications market reached HRK 3.01 billion last year

Author: Editorial
event 28.03.2022.
Foto: Boris Kovacev / CROPIX

HAKOM notes that total investment in the Croatian electronic communications market in 2021 reached HRK 3.01 billion, which is an increase of 20.5 percent compared to the previous year.

The agency reports that the fixed network recorded significant investments in very high capacity networks (VHCN) in the amount of HRK 615.1 million, which is 115.5 percent more compared to 2020.

The growth of investments in very large capacity networks (VHCN) is consistent with the growing number of new fiber-optic connections, which increased by 33.7 percent in a year. Users are increasingly migrating from copper to VHCN.

The share of broadband users with speeds above 30Mbit/s increased from 42.1% in 2020 to 59% in 2021, while the share of those using speeds above 100Mbit/s rose from 16% to 28%.

Last year, along with the investments, the revenue of the sector also went up. Thus, the Croatian electronic communications market generated HRK 11.5 billion in revenue, up by 3.6 percent year-over-year, while revenues from broadband internet access services increased by 11 percent, from network and cable leasing services by 4.6 percent and from pay-TV by 4.2 percent.

In the last quarter of 2021, 58.6 percent of households used some form of pay-TV, and the trend of increasing the number of connections and revenues from this service continued. Compared to the previous year, the total number of connections increased by 1.9 percent, while revenues grew by 4.1 percent.

The fixed-line telephone services continue to decline in total users, total turnover and revenue. The number of users dropped by 2.2 percent, turnover fell by 17.8 percent, and total revenues decreased by 4.7 percent.


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