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First MVNO for Croatia
Croatia is set to get its first MVNO after new entrant, Telcro announced that it has secured a network leasing contract with T-Mobile Hrvatska. In an interview with the local Poslovni Dnevnik, company director, Kre�imir Profaca confirmed that he expects the firm to launch its services during the summer of 2009.
"I'm optimistic because the MVNO entry to the Croatian telecommunication market is the beginning his full liberalization as a goal of emphasizing the market regulator and the government," said Profaca.
The company says that it has secured funding from twenty investors - of which the bulk are Croatian and the remainder based in the USA.
Commenting on market expectations, Profaca noted that an MVNO can be profitable with just a few tens of thousands of subscribers, compared to the millions needed by the network operators. He also suggested that despite the market being saturated, thanks to multiple SIM ownership - the real penetration rate could be as low as 60%.
The Mobile World subscriber tracker confirms that the country ended the first half of this year with just under 5.4 million mobile phone accounts - representing a population penetration level of 120%.
On the web: Mobile World - Poslovni Dnevnik
Posted to the site on 28th November 2008