Its CEO Adrian Ježina says that investment in product development might reach €100 million, stressing the importance of further construction of 5G mobile and fixed-line fibre optics networks across the country.
The company has covered the whole of Zagreb with a 5G network. By summer, it plans to replace all existing base stations with new ones and cover all major cities along the Adriatic coast with 5G. After that, it will focus on Slavonia and other regions. Over the next five years, it plans to bring the high-speed fixed-line internet to 500,000 households.
Telemach is no longer just a mobile phone operator, but also a provider of fixed telephony and television services and has now become an equal competitor with the two largest telecoms companies in Croatia, Ježina said, adding that the company is investing HRK 1.7 billion (€226.6m) in the upgrade of the mobile network and the construction of the state-of-the-art fibre optics network.
Telemach Croatia currently employs about 600 people, more than twice as many as two years ago when it took over the former company Tele2. Ježina also noted investment in customer support and the opening of its own call centres in Zagreb and Osijek.
For now, the company is not planning to increase its tariffs despite the adverse effects of the COVID-19 pandemic, high inflation and increased energy prices.
