"Cosmote" Romania saw a 27% increase on the business segment last year, compared to 2010, including large customers such as BCR or Transgaz, the company's officials announced yesterday.
At the end of 2011, the company's total number of customers, including those of "Zapp", was approximately 6.5 million, as the subscribers' ratio reached 23.1% of the customer base, as a result of the growth of the business segment. The company's market share has remained steady at approximately 24%, and revenues also remained stable compared to 2010, at 468.2 million Euros. The EBITDA margin (earnings before interest, taxes, depreciation and amortization) increased 5.7%, way to 21.4%, in 2011, compared to 2010, reflecting the significant operational improvements. The EBITDA increased to 100.1 million Euros, an increase of 35.8% compared to the entire year 2010.
Following the successful integration of "Zapp", 3G services are available to 66% of the population, the company says. Thus, the company's 3G customer base significantly increased, by 116%.
The ARPU (average revenue per user) increased 10%, in 2011, compared to 2010.
At the end of last year, after 15 years of operation on the Romanian market, "Germanos" - the national distribution network of "Cosmote" Romania - comprised approximately 600 stores all over the country.
On December 31st, 2011, the mobile divisions of OTE Group provided telecommunications services to approximately 20.5 million customers, in South-Eastern Europe.
* Revenues of "Romtelecom" fell 8% in 2011
Revenues of "Romtelecom" decreased 8% in 2011, compared to 2010, even though the drop recorded in the last quarter of 2011 compared to the similar period of 2010 is significantly smaller (4,4%). Over the same period, the EBITDA, excluding the costs of staff cuts, was 2% higher compared to the similar period of 2010, generati
