The Romanian incumbent telco Romtelecom saw a dramatic increase in subscriber numbers in 2007 despite its financial performance leaving something to be desired.
Figures published by the OTE-backed company show the number of subscribers to its broadband service ClickNet increased by more than 300%, while the success of the DTH platform Dolce, which had 400,000 customers after only one of year of operation, is already well documented.
However, losses in Romtelecom’s fixed line business led to a 2.6% fall in operating revenues in 2007, while operational profit before EBITDA fell to slightly above €300 million.
