Telekom Romania’s TV subscriber total fell to 1.07 million as of June 30 due to what the company refers to as “the overarching transformative trend in the use of legacy TV technologies”.
On the other hand, its Smart TV Stick product customer base increased by 24% in the quarter. Meanwhile, the Fixed-Mobile-Convergence (FMC) segment continued its subscriber growth, reaching 916,000 customers and increasing 4% year-on-year.
Commenting on the completion of the sale of its fixed-line business TKR to Orange, the company said that it is “expected within the next few months, once the execution of the EC remedy has been completed and the remaining conditions precedent have been met”.