Croatia
Be Yourself. Vipnet
Vipnet d.o.o. was founded in 1998. In September 1998 Vipnet received its second GSM lisence. In 2004 mobilkom austria increased its shares of Vipnet to 100 %.In 2007 Vipnet's mobil penetration rate rose by 13.9 percent to 114.9%. Despite the intensive competition with a total of 3 operators in Croatia, Vipnet was able to strengthen its market share of 43.0% and further reduce the gap to the market leader.
Vipnet's subscriber base increased by 14.0% to roughly 2.2 million, due to innovative products such as the Home and Office box in the contract customer segment and the discount brand "tomato" in the prepaid segment.
Revenues rose in 2007 by 8.3% to EUR 514.2 million. This growth can be attributed to the increase in the subscriber base and higher income from monthly rentals.
