Cosmote, no. 3 on the Romanian mobile telephony market,yesterday started the battle with giants Orange and Vodafone on themobile Internet segment, by launching 3G Internet services withspeeds of up to 21.6 Mbps in 11 cities and 300 towns.
Cosmote comes with lower fees than Vodafone, the only otheroperator that provides mobile Internet at speeds of up to 21.6Mbps. 3G mobile Internet, the only segment of the telecom marketthat has seen a rise even in recession, had been missing fromCosmote's offer, which denied the company access to businessclients and to young people who, in addition to voice services,also buy mobile data services. The absence of data services weighsheavily in operators' revenues: last year Cosmote posted 423million euros in revenues with 7 million clients, while Orange andVodafone, with 11 and 10 million clients respectively, collectedmore than double as much, around one billion euros. StefanosTheocharopoulos, CEO of Cosmote Romania, hopes Cosmote will now beable to catch up with the leaders of the local telecom market interms of revenues.
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