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ECONOMIC
IMPACT
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DCM
Cable TV & Broadband Internet
Provider
Investment Date: March 2001
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Free
and efficient flow of information and access to improving communication
technology are critical for Croatia’s continued economic growth.
DCM is the largest cable television
and broadband provider in Croatia, with market-leading operations
in four major cities and several suburbs in Croatia. The cable industry
in Croatia is less developed than other Southeast European countries,
comprised of companies lacking the financing possibilities and know-how
to modernize and expand their networks. DCM was created when SEAF
and other foreign investors partnered with a Croatian cable company
to merge several cable companies and invest in building out a modern
network. DCM has successfully completed the bulk of its network
rollout and has achieved a healthy rate of growth in revenue and
subscriber numbers. As a result, Croatians have access to a cable
and broadband system that can meet today’s consumer and business
needs, and financiers, managers, and employees alike feel confident
that DCM will continue to grow.
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Before
Investment (2001)
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Current
(2004)
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Revenues
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$209,023
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$3.03
m
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Direct
Employees
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21
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175*
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Cable
subscribers
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9,000
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42,800
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Internet subscribers
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0
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2,870
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*Includes
99 seasonal employees.
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