Makedonski Telecom continued with its strong financial growth in the first three months of 2024 as well

Makedonski Telecom continued with its strong financial growth in the first three months of 2024 as well

30.4.2024

Makedonski Telekom has started 2024 with strong financial growth at the end of the first quarter. The successful operation continues as a result of the focus on modernization and expansion of the network, pioneering in the introduction of new technologies and dedication to the best customer experience.

The operating profit before interest, taxation and amortisation (EBITDA) increased by 4.4 percent compared to the previous year, and the net income increased by as much as 15.2 percent.

The sales revenues increased by 3 percent compared to the same period of last year and amount to MKD 2,967 million.

Superior customer experience and growth of the customer base

We remain number 1 in Macedonia according to the TRI*M index for measuring the customer satisfaction, which amounts to 94 points. The trend of increasing the number of customers in all segments continues, which is the result of our commitment to provide a superior customer experience, but also much more than just communication services. With the first digital programme for prizes and benefits for the customers - Magenta Moments, we reached 160,000 customers.

The number of broadband internet customers increased by 3.7 percent and amounts to 211 thousand, while the total number of internet access points increased by 3.4 percent. Also in mobile communications, the customer base increased and reached 1.266 million. In fixed telephony, we remain in the leading position with 229 thousand customers.

Leadership in the TV market and a new TV platform

We remain in the leading position in the TV market with a share of 34.4 percent and a growth of 2.3 percent or 151 thousand customers. In March, we introduced a new generation of digital television - MagentaTV, an innovative TV platform that offers a new, modern TV experience in line with the modern habits and interests of our customers.

Investments and development of the best network

We remain consistent with our focus on expansion and investments in the optical network and today we have 324 thousand access points to optics, which is 15.3% more compared to the same period of the previous year. The largest 5G network in Macedonia continues to expand and is now available to 85% of the population in Macedonia, with gigabit speeds in most towns. We continue to expand our infrastructure across the territory with the latest technologies in order to connect all customers with the best services.