VIPnet Celebrates its Fourth Birthday

Croatia's GSM network, VIPnet has celebrated the 4th anniversary of its commercial launch, having exceeded the number of one million customers and at the end of the first quarter of 2003 has 1.1 Million customers. VIPnet's market share has increased to 50.3%.

Considering the last financial year, Josef Vinatzer, VIPnet's CEO, emphasized: "Croatia has achieved a penetration rate of 50.5 % and it ranks fifth among the countries of Central and Eastern Europe. Mobile communications are of great importance to economic development and growth. When we started operating, the growth of the number of customers was the most important. Today, an increase in the satisfaction of our customers is far more important to us. Our mission for the forthcoming year is a high level of satisfaction of the customers".

Last month, mobilkom austria repurchased 19% of the shares in VIPnet from Western Wireless International and increased thereby its shareholding to 99%, with Vecernji List holding a 1% share in VIPnet.

In January, the mobilkom austria group signed the partnership agreement The Best of Two Worlds. This agreement has been entered into with Vodafone. This agreement resulted in the Vodafone EUROCALL service which makes it possible for VIP.smart customers to place calls to 24 countries under more favorable terms. The VIPnet's CEO presented also a new service - Prepaid roaming Top-up - which makes it possible for the Prepaid customers of Vodafone's networks to renew their account in Croatia with vouchers purchased at VIPnet.

In the forthcoming period, VIPnet is preparing the construction of a new commercial building in

Posted to the site on 7th July 2003