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Telekom Romania Reports Performance Indicators for Q2’19

Financial results News - Published on Mon, 12 Aug 2019

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Telekom Romania group announces key performance indicators in the second quarter of 2019, ended June 30, 2019, as reported today by OTE Group. Consolidated revenues of Telekom Romania group in Q2’19 reached EUR 231.2mn, which represents an increase by 6.7% compared to Q1’19 and a slight decrease by 2.8% YoY, also driven by lower handset revenues, as Telekom Romania has shifted to the attractive #Netliberare and #BusinessLiber offers focused on best service offering.

Revenues from Retail Fixed Services amounted to EUR 59.3 million, down 5.3%, mainly as a result of lower revenues from fixed voice services, while revenues from TV and broadband returned to growth after several quarters. In addition, Retail Fixed Service revenues increased sequentially (up 2.6%) following two years of sequential quarterly decline, reflecting the favorable evolution in ARPU.

Total revenues from FMC services continued the upward trend, with an increase by 30.2% YoY, as the number of FMC subscribers rose by 34.4%, to 802.5k at the end of Q2’19. Through its FMC offering, Telekom Romania further strengthens customer loyalty, and a number of brand and network surveys underline this positive trend.

Voice users (including FMC) reached 2.1 million at the end of the second quarter of this year, registering a slight increase, by 0.9% YoY, with growing FMC customer base compensating for the continued decline of the subscriber number in the traditional fixed voice services.

The TV customer base amounted to 1.4 million in the second quarter of 2019, with a 5.7% decline YoY, mainly driven by the decline on old DTH technology. At the same time, the internet TV (IPTV) segment, recorded a 15% customer growth compared to the same quarter last year. Additionally, the Average Revenue per User (ARPU) for this segment increased significantly in the same time period.

At the end of Q2’19 Telekom Romania group reported 1.1 million broadband subscribers (both fixed and mobile) for the fixed line operations, down by 5.9% compared to the same quarter last year. At the same time, ARPU for this segment increased relevantly compared to the same quarter in the previous year.

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Posted By : TelecomGuru on Mon, 12 Aug 2019
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