Croatian Communications Market Enjoys 1.6 Billion Euro Revenue in 2022

Lauren Simmonds

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As Poslovni Dnevnik writes, the total revenues earned by the Croatian communications market back in 2022 amounted to a very impressive 1.6 billion euros, which is 3.6 percent more compared to what was recorded back in 2021. On top of that, the continued trend of investment growth in mobile and fixed communications networks continued, as was announced last week by the Croatian Regulatory Agency for Network Activities (HAKOM).

HAKOM stated that in the aforementioned period, revenues from broadband Internet access services increased by nine percent, from network and cable rental by five percent, and from paid television by four percent, while at the same time, revenues on the market for telephone services in the fixed network decreased by more than nine percent.

On the electronic Croatian communications market, last year’s investments in very high capacity networks (VHCN) increased by six percent when compared to 2021, and the trend of investments in base stations (BTS) in mobile communications networks also continued.

In the fourth quarter of 2022, as HAKOM pointed out, the migration of users to fiber-optic technology continued, which affected the growth of such connections by 27.5 percent in a year. In the same period, total data traffic via fixed and mobile networks grew by 15.7 percent on average. The share of users of broadband connections with a speed higher than 100 Mbit/ also grew and amounts to 35.7 percent.

In the last quarter of 2022, foreign citizens spent more than 95 million roaming minutes of calls, which is an increase of 8.9 percent compared to the same period in 2021.

The number of SMS and MMS messages sent however was significantly lower compared to last year (a drop of 21.6 percent and 27.7 percent, respectively). In the last quarter of 2022, 62.3 percent of households used some form of paid television, and the trend of revenue growth from this service continued.

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