Croatias telecom equipment supplier ENT signs HRK 15mn contracts in BiH.

By bne IntelliNews September 5, 2011
Telecom equipment supplier ENT signed new contracts worth HRK 15mn with Bosnia's biggest telecoms operator, state-controlled BH Telecom, the Croatian company said in a filing to the Zagreb Stock Exchange website. The contract envisages modernisation of BH Telecom's mobile network. The implementation will start immediately, while the executiuon of the contract is expected to be completed by end-2011. The contract will provide faster and simpler administration of BH Telecom mobile subscribers as well as increased quality of services. We note that ENT reported a net profit of HRK 36.9mn (EUR 5mn) in H1, following a net loss of HRK 42.4mn a year ago. The revenues declined by 5.4% y/y to HRK 610.6mn in H1.
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