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Wholesale revenues boost Telekom Romania

November 7, 2019 11.09 Europe/London By Chris Dziadul

Telekom Romania’s total revenues in Q3 amounted to €243.5 million, or 7.4% more than in the same period last year.

This, according to its parent company OTE, was driven by a sharp increase in wholesale revenues.

Although Telekom Romania’s TV subscriber base shrunk by 6.9% to 1,353,456 in the year to September 30, within this the number of FMC customers increased by 25.2% to 822,647.

At the same time, the number of broadband subscribers fell by 7.2% to 1,068,664.

Meanwhile, in OTE’s home market Greece revenues rose by 3.7% to €1,011.3 million.

The number of TV subscribers was up by 2.7% to 548,000, while the broadband subscriber total increased 6% to 1,969,105.

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Filed Under: Central & East Europe, Newsline Tagged With: Greece, OTE, Romania, Telekom Romania Edited: 7 November 2019 11:09

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About Chris Dziadul

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