In the last three years, operators invested around €250 million in electronic communications, said for “Pobjeda” CEO of the Agency for Electronic Communications and Postal Services, Darko Grgurović.
He thinks that trend of positive development of this sector was continued, both in the context of infrastructure and provision of services.
“Investment volume in the last couple of years was higher than the third of total revenues of this sector. For comparison, in the EU states, investments at an annual level range from 12-15% of the revenue in the electronic communications sector”, says Grgurović.
He said that €117 million was invested in 2016, that is, 50,8% of total revenue of the sector. In 2017, there was around €82 million of investments. Last year €44,8 million were invested and around €33,7 million are planned for this year.
Considering that the greatest operators at the Montenegrin market operate within the world-famous and regional telecommunication groups, it can be stated that they are stable and that a predictable regulatory framework that guarantees further development of the market has been established.
“Montenegro is recognized as a state with favorable business environment, that is improving with years. With NATO accession and with continuous progress in the European integration, Montenegro became even more attractive for the investors in all fields”, said Grgurović.
Huge investments in the sector of electronic communications led to increase int he number of connections, quality and reduction in service prices.
“Increase in the number of connections caused penetration of the broadband Internet access by 73,4% in relation to the number of households. Judging by this indicator, Montenegro came closer to the EU states regarding penetration average which amounted 75% at the end of 2017”, said Grgurović.
By degree of mobile networks signal coverage, Montenegro can be compared to the most developed states of Europe. All the three operators provide 99% of GSM coverage. All these indicators point out continuous development of technologies and accessibility of the most contemporary services.
