Telekom Romania’s TV subscriber total as the end of Q2 was virtually unchanged on a year at 1,470,692 (+0.6%), as was its broadband customer base at 1,185,687 (-0.7%).
Telekom Romania has accused the country’s Ministry of Communications (MCSI) of blocking the RO-Net project.
OTE-backed Telekom Romania ended the first quarter with 1,457,269 subscribers to its TV services, a 0.6% increase on the same period last year.
Greece’s privatisation agency TAIPED has announced that it is seeking a financial advisor for the sale of a 5% stake in the incumbent telco OTE.
Romania’s leading pay-TV operator RCS&RDS attracted more mobile customers from other companies than other providers in the first three months of this year.
OTE-backed Telekom Romania saw its TV (DTH, IPTV and cable) subscriber total grow by 0.8% to 1,464,283 in 2016.
Telekom Romania’s restructuring is likely to result in the dismissal of several hundred staff.
Representatives of OTE, Deutsche Telekom and the Ministry of Communications and Information Society (MCSI) have met in Bucharest to discuss Telekom Romania’s business plan and budget for the period 2017-2021.
The Romanian state has replaced all its board representatives at Telekom Romania, in which it holds a 45.99% stake.
Romania’s telecom market is unlikely to see any major transactions in 2017.