Telemach Croatia to raise prices by 7% in July
Telemach Hrvatska has announced a 7.2% price increase for its service packages, effective July 1st, 2024. This decision aligns with the company’s policy of adjusting prices annually based on the inflation rate. telemach croatia prices
Telemach Croatia is joining other Croatian telecom providers in adjusting its prices due to inflation.
Inflation-Driven Price Adjustment
Telemach Hrvatska attributes the price hike to the prevailing inflationary pressures impacting the global economy. The company emphasizes that the 7.2% increase remains below the average annual inflation rate of 8% observed in 2023.
Maintaining Competitive Advantage
Despite the price adjustment, Telemach Hrvatska maintains its commitment to providing competitively priced services. The company asserts that it offers 10% to 20% lower prices for most of its services compared to competitors.
Impact on Customers telemach croatia prices
The price increase will affect the monthly fees associated with Telemach Hrvatska’s service packages. Customers will receive SMS notifications informing them of the changes and their implications.
No Contract Termination without Penalty
Importantly, the price increase does not entitle customers to terminate their contracts without incurring penalties. This provision aligns with industry standards and aims to maintain contractual obligations.
First Invoice with Increased Fees
The first invoice reflecting the new pricing structure will be issued in August 2024. Customers can expect to see the adjusted fees reflected in their monthly billing statements.
Previous Price Adjustment
In 2023, Telemach Hrvatska implemented a similar price adjustment based on the inflation rate of that year. The company remains committed to transparent communication and timely updates regarding pricing policies.
Industry-Wide Trend
Telemach Hrvatska’s price increase aligns with a broader trend among telecommunications providers in Croatia. A1 Hrvatska and Hrvatski Telekom (HT) have also announced price adjustments effective June 1st and July 1st, 2024, respectively. A1 Hrvatska has announced a price increase of 6.9% effective June 1st, 2024. This follows a previous price increase of 8.5% implemented on July 1st, 2023. Hrvatski Telekom (HT) has also announced a price increase of 6.5% effective July 1st, 2024. This comes after a price increase of 5% was implemented on October 1st, 2023.
Regulatory Compliance
Telecommunications providers are mandated to inform customers about pricing changes at least 30 days prior to implementation. Telemach Hrvatska adheres to this regulatory requirement to ensure transparency and consumer protection.
Conclusion telemach croatia prices
Telemach Hrvatska‘s price adjustment reflects the broader economic landscape characterized by inflationary pressures. The company emphasizes its commitment to providing competitive services and maintaining a transparent approach to pricing policies.