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November 30, 2015 8:26 PM ET

Internet Software and Services

Company Overview of Ipko Net

Company Overview

Ipko Net operates as an Internet service provider in Kosova. It offers data transport and Internet access services to international, governmental, non-governmental, and business organizations. The company is based in Prishtina, Albania. As of May 29, 2006, Ipko Net operates as a subsidiary of Telekom Slovenije D.d.

Mother Teresa Str

RTK building

5th floor



Key Executives for Ipko Net

Chief Executive Officer and Director
Compensation as of Fiscal Year 2015.

Ipko Net Key Developments

Ipko Announces Earnings Results for the First Half of 2015

Ipko announced earnings results for the first half of 2015. For the period, the company posted revenues up 3% year-on-year to EUR 33.1 million. EBITDA dropped 9% to EUR 11 million, while EBIT fell 43% to EUR 1.5 million. The company ended the half with a net loss of EUR 1.6 million. Capex fell 30% to EUR 3.6 million.

Ipko Announces Earnings Results for the First Quarter of 2015

Ipko announced earnings results for the first quarter of 2015. The company ended the first quarter with a net loss of EUR 526,000, compared to a loss of EUR 528,000 in the same period in 2014. Operating revenues rose to EUR 16.5 million from EUR 15.4 million in first quarter of 2014, and EBITDA was unchanged at EUR 5.8 million. EBIT fell to EUR 1.1 million from EUR 1.2 million. Capex totaled EUR 1.2 million in the quarter.

Ipko Introduces Daily and Weekly Mobile Data Packages

Ipko has introduced new daily and weekly mobile internet packages. All pre-paid, post-paid and business pre-paid customers can now activate a daily package with 500 MB of mobile data for EUR 0.50 or a weekly package with 2 GB for EUR 2. Both packages comes with 5 GB of Wi-Fi internet, at no additional cost. Ipko mobile users can access mobile internet in more than 53% of Kosovo's territory, or about 80% of the populated areas.

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