Spectator on facebook

Spectator on facebook

SLOVAKIA NEEDS MORE COMPETITION, SAYS EC

Sales and profit down at Slovak Telekom

IN THE FIRST three months of 2008, the sales of companies making up the Slovak Telekom group decreased year-on-year by 2.2 percent, to Sk7.6 billion.

On hold: the fixed-line market is still dominated by Slovak Telekom.(Source: Sme - Peter Žákovič)

IN THE FIRST three months of 2008, the sales of companies making up the Slovak Telekom group decreased year-on-year by 2.2 percent, to Sk7.6 billion.

Growth in the mobile phone market amounted to 4.6 percent, but sales in the fixed-line division fell by 9.3 percent, mainly due to last year’s sale of the Rádiokomunikácie transmission company, the Hospodárske Noviny business daily wrote.

“We have stabilised the decrease in revenues in voice services by making fixed-line calls more attractive,” said, Miroslav Majoroš, president of Slovak Telekom.

The net profit of the group decreased year-on-year by 3.9 percent to Sk1.1 billion. By the end of first quarter of 2008, the company had registered 20,000 clients for its digital TV service, Magio.
The group’s performance was enhanced by the growth in penetration of internet services and an increase in sales of mobile services. Also, the results of the Zoznam and Zoznam Mobile web portals contributed to the growth of the group’s revenues from internet services.

As of the end of the first quarter, Slovak Telekom was providing more than 1.1. million fixed lines.

Topic: IT


Top stories

Crematorium in Bratislava is an architectural revelation Photo

Those who have experienced farewells in other crematoria know what makes it special. Now the best work by the architect Ferdinand Milučký is getting a monograph

Crematorium in Bratislava by architect Ferdinand Milučký

What kind of expectations do some Slovaks have for world leaders?

Among EU member states, opinions of the United States declined in all but two — Poland (which makes some sense) and Slovakia (which does not).

Donald Trump

Crates and boxes. Slovaks discover new ways of grocery shopping

Farmer’s boxes are gaining customers in Slovakia as people slowly become more conscious about quality and the origin of the food they eat.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between January 19 and January 28, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Scandi 4