ZF English

Romtelecom revenues down. Zapp included, Cosmote posts growth

12.05.2010, 21:53 10

Romtelecom and Cosmote, telecom operators controlled by OTE andDeutsche Telekom groups, continued to see rises in client numbersin the first quarter of the year, with fixed telephony being theonly segment that saw a decline.
The number of fixed lines fell by 7.09%, from 2.93 million to 2.7million, while Romtelecom's client base rose significantly onInternet and television services.
The number of company clients for fixed and mobile Internetservices climbed by 18.5%, from a little over 700,000 in the firstquarter of last year to over 830,000 on 31 March 2010, with theoverall number of subscribers to TV services (satellite television- DTH and Internet television - IPTV) rising by 23.4%, from 724,545to 893,757.
Romtelecom revenues fell by 3.3% in the first quarter, to 194.8million euros, with EBITDA falling by 20.2%, to 59.3 millioneuros.
Revenues of Cosmote, no. 3 on the Romanian mobile phone market,rose by 13.3% in the first quarter, to 114.8 million euros, thanksto the large number of post-paid clients, but EBITDA fell by 56.3%,to 6.6 million euros, because of Zapp integration. This is thefirst time that Cosmote includes Zapp in its results.

Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels

AFACERI DE LA ZERO