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Founded Year

1993

Stage

Unattributed | Alive

Total Raised

$270M

Last Raised

$270M | 3 yrs ago

About Telemach Hrvatska

Telemach Hrvatska is a European telecom operator offering mobile services, fixed broadband and telephony, data network services, content services, and global IoT solutions. The company was founded in 1993 and is based in Zagreb, Croatia.

Headquarters Location

Ulica Josipa Marohnica 1

Zagreb, 10000,

Croatia

+46 (0)8 5620 0060

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Latest Telemach Hrvatska News

Complaints against Croatian telcos dismissed

Mar 14, 2023

March 14, 2023 12.45 Europe/London The Croatian Competition Agency (AZTN) has dismissed complaints against the telcos A1 Hrvatska, Hrvatski Telekom and Telemach Hrvatska that alleged they agreed on a joint price increase for their services. According to AZTN, the complaints by two natural persons were received on June 2, 2022 and based on the announcements found in some media about the change in price for the provision of mobile services in Croatia. AZTN found that there had been a price increase by three telecom operators concerned during 2022. The operators explained that the price increase was the result of the increasing operation cost due to inflation in the period concerned. AZTN’s analysis showed that the operators concerned sell bundles that to a certain extent differ in their contents. At the same time, the CCA found that during 2022 some of these bundles were completely cancelled whereas others changed certain elements they contained, such as the bundle minutes included, data traffic, text messages, IPTV services etc. What is more, the operators introduced new bundles and services and offered them to private and business accounts. AZTN also found that the operators did not raise the prices of all bundles and services. The ones that were increased were not by the same amount or percentage. AZTN concluded that its investigation did not point at any circumstantial evidence that would indicate any illegal contact between the competitors or agreement prior to the change of prices of their services. It therefore dismissed the complaints and did not initiate infringement proceeding based on alleged distortion of competition in the form of a prohibited agreement between the telcos.

Telemach Hrvatska Frequently Asked Questions (FAQ)

  • When was Telemach Hrvatska founded?

    Telemach Hrvatska was founded in 1993.

  • Where is Telemach Hrvatska's headquarters?

    Telemach Hrvatska's headquarters is located at Ulica Josipa Marohnica 1, Zagreb.

  • What is Telemach Hrvatska's latest funding round?

    Telemach Hrvatska's latest funding round is Unattributed.

  • How much did Telemach Hrvatska raise?

    Telemach Hrvatska raised a total of $270M.

  • Who are the investors of Telemach Hrvatska?

    Investors of Telemach Hrvatska include The United Group.

  • Who are Telemach Hrvatska's competitors?

    Competitors of Telemach Hrvatska include Kompare and 4 more.

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  • Stalk the smart money
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