Telekom Romania reports performance indicators for Q2 2018

Telekom Romania reports performance indicators for Q2 2018

Telekom Romania group of companies

  • Consolidated revenues of EUR 8 mln in Q2 2018;
  • Adjusted EBITDA of EUR 37.3 mln in Q2 2018;
  • 597,000 customers for convergent offers, up by 40% yoy.

Telekom Romania group announces key performance indicators in second quarter of 2018, ended June 30, 2018, as reported today by OTE Group.

Consolidated revenues of Telekom Romania group in Q2 2018 reached EUR 237.8 mln, while adjusted EBITDA amounted to EUR 37.3 mln.

Mobile service revenues were up by 3.1% to EUR 82.4 mln in Q2 2018, largely reflecting higher revenues from postpaid and fixed-mobile convergent offers. Growth in mobile service revenues from both traditional mobile and the fixed-mobile convergent solutions reflects the success of the recently introduced #netliberare offerings, providing affordable mobile internet access and competitive mobile offerings in the market.

The number of customers for fixed-mobile integrated services increased by 40% in Q2 2018 compared to the corresponding quarter last year, reaching 597,000 at the end of June 2018. Corresponding revenues increased by 30.1% in the quarter.

The TV customer segment registered a slight decrease, by 0.5%, in Q2 2018, to 1.46 million TV customers, with corresponding revenues lower by 8.1% yoy. The Internet TV (IPTV) segment continued the upward trend, with corresponding customers up by 21% compared to the same quarter last year.

At the end of Q2 2018 Telekom Romania group reported 1.16 million broadband subscribers (both fixed and mobile) for the fixed line operations, down by 2% compared to the same quarter last year.

Voice users (including FMC) reached 2.096 million at the end of the second quarter of this year, down by 1% as compared to Q2 2017. Revenues generated by fixed voice decreased by 21.1% yoy.

Telekom Romania Mobile’s customer base totalled 4.7 mln at the end of June 2018, down by 3.4% yoy, mainly due to elimination of inactive customers. Of the total customer base, 35% were postpaid. The total number of business customers increased by 6.8% compared to Q2 2017, reflecting the higher appeal of the company’s offers for this segment.

About Telekom Romania

Telekom Romania is a dynamic brand, offering fixed and mobile innovative communication services to a broad customer community, using approximately 10 million services.

Our solutions open a world of infinite opportunities to share the beauty of life together with our families, friends, partners, colleagues and citizens around us. Our mission is to enrich people’s lives, by offering them fixed and mobile integrated services, latest technologies like 4G, optical fiber, as well as Internet TV which brings users a new entertainment experience, with access to exclusive and quality content, on all screens, and advanced interactive features. Telekom Romania is the trusted partner for companies, providing them with complete communications and IT&C solutions. Our network is bringing together people, machines and content, connecting them for a better, safer, simpler future.

Telekom Romania is present in the Romanian market since 2014, after the joint rebranding of Romtelecom and COSMOTE Romania.

Telekom is a brand pertaining to Deutsche Telekom, one of the world’s leading integrated telecommunications companies.

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