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Vodafone Romania’s consolidated revenue in third quarter down 0.1 pct to EUR 232 million

Financial results News - Published on Fri, 15 Nov 2019

Image Source: business-review
Vodafone Romania announced the key performance indicators for the quarter ended September 30th, 2019, as reported today by Vodafone Group Plc. Following the acquisition of UPC Romania starting with 31st of July 2019, the results for this quarter include also the reported figures of UPC Romania for period August and September 2019. Consolidated total revenue of EUR 232 million in the quarter ended September 30th, 2019, down 0.1 percent on an organic basis compared to the same period of last year. The consolidated customer base reaches 11 million. Mobile ARPU for the quarter ended September 30th, 2019 was EUR 5.3.

Murielle Lorilloux, CEO Vodafone and UPC Romania, said “It has been a very dynamic quarter for us, but also for the Romanian telecom market. At an industry level, we have witnessed an increasing interest towards the digitization of the society. For Vodafone Romania, the last couple of months have been filled with rewarding activities, as we embarked on an exciting journey together with our new UPC colleagues. We have been starting to work closely together and we strived to give something back to the Vodafone and UPC customers as soon as possible. In only a few weeks’ time, we have managed to launch the first fixed-mobile offers, thus enabling cross-benefits for all our customers. This transaction is very important for us, as it enables us to do continue doing what we do best: bring innovation and offer best in class products and services for our customers. We will continue to build on our new capabilities, leverage on the new convergence opportunities by taking the best from both Vodafone and UPC, and offer even more and better benefits for the all Romanian telecom users.”

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Posted By : TelecomGuru on Fri, 15 Nov 2019
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