• Subscribe
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Columns
    • Chris Dziadul
    • Julian Clover
    • Robert Briel
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Vodafone-UPC Romania: the financial impact

June 2, 2021 10.01 Europe/London By Chris Dziadul

Details have emerged of how the takeover of UPC by Vodafone has impacted the latter’s performance in Romania.

Quoting data published by the Romanian Ministry of Finance, Ziarul Financiar reports that Vodafone Romania had a net loss of RON214.1 million (€43.5 million) in 2020, compared to a net profit of RON161 million a year earlier.

At the same time, its turnover increased from RON3.9 billion to RON4.47 billion, while total debt rose from RON2.2 billion to RON3.5 billion. Meanwhile, the number of employees increased by 885 to 3,906.

Vodafone acquired Liberty Global’s operations in Romania, Hungary and the Czech Republic as part of a deal that also included its assets in Germany for €18.4 billion in 2019.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: Central & East Europe, Editor's Choice, Newsline, Top Story Tagged With: Liberty Global, Romania, UPC, Vodafone Edited: 3 June 2021 12:56

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

Latest News

  • IBC 2022 reveals headline speakers
  • Sunrise deploys Media Distillery AI
  • Tivùsat adds 13 Mediaset channels
  • Competition investigation forces Disney+ to drop Yes exclusivity
  • Is there a market for an Elvis channel? Uh huh!

Watch Video

EKT backing RDK – ANGA COM Roundup Video

Jill Mulder, VP Marketing, EKT discusses how viewing habits and the role of the operator is changing and why EKT now backing RDK, with Broadband TV News editor Julian Clover. … [Watch Now ...]

Xperi on using AI to identify your audience – ANGA COM Roundup Video

Patrick Byrden, Xperi's VP of Business Development & Strategy, tells Julian Clover how the company is using AI to detect who is watching the TV, and providing them with more relevant content. … [Watch Now ...]

Free Ebook

eBook: Overcoming the Top 5 Challenges in Server-side IP Ad insertion

IP video is a game-changer for advertising. However, unlike traditional television, IP video is more dynamic, with new devices, formats, content and services to consider. … [Download the eBook...]

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Broadband TV News

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Connect with Us

 

Copyright © 2022 Broadband TV News LLP · Log in

 

Loading Comments...