08.05.2021

Greece’s OTE has officially announced the estimated cost to pay to buy the former Romtelecom stake in the former Cosmote Romania, the last hurdle for the takeover of the former fixed telephony more

08.05.2021

Telekom Romania Group on Thursday said its EBITDA (earnings before interest, taxes, depreciation, and amortization) adjusted under IFRS-16 grew 14.5% year-over-year to EUR41.4 million, in the second more

07.21.2021

Greece’s OTE group continues the sale of its Romanian assets with the sports channels of Telekom Romania, a notification to Romania’s National Audiovisual Council on Wednesday shows. more

06.04.2021

Telekom Romania Mobile Communications, the former mobile telephony operator Cosmote, reported net loss of RON647 million in 2020, up 139% from RON271 million in 2019, per finance ministry data. more

06.04.2021

Telekom Romania Communications, the fixed communications services division of Telekom Romania Group, registered a net profit of RON148.9 million in 2020, after reporting a combined net loss of over more

05.12.2021

Telekom Romania Group on Wednesday reported a 2% increase in the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) adjusted under the IFRS-16, to EUR34.5 million, on the year in more

03.22.2021

Around 97% of Romanians use smartphones and over 40% have been using their current phone for at least two years, telecom operator Telekom Romania said Monday, citing the Hootsuite Digital 2021 report. more

02.26.2021

Telekom Romania Group on Friday reported consolidated revenue of EUR951 million in 2020, down 3% compared with 2019, while its EBITDA adjusted to IFRS16 grew 6.6%, to EUR150.7 million, marking a more

11.12.2020

Telekom Romania Group reported consolidated revenue of EUR244.1 million in the third quarter of 2020, stable compared with the same period in 2019, and its mobile services client base grew 9.8%. more

11.09.2020

Greek OTE Group, held by Germany’s Deutsche Telekom, confirmed Monday morning the sale of its fixed operations in Romania to Orange Romania, leader on the local telecom market, within a transaction more

11.06.2020

The deal European giants Deutsche Telekom and Orange have been negotiating over consolidation of their operations in Romania is one step away from an official announcement: Romtelecom, the fixed more

08.06.2020

Telekom Romania Group, which consists mainly of the former companies Cosmote and Romtelecom, reported consolidated revenue of EUR228.9 million in the second quarter of 2020, down 1% on the year, and more

08.06.2020

Telekom Romania Group, which consists mainly of the former companies Cosmote and Rom¬telecom, reported a combined turnover of RON5.019 billion (EUR1.057 billion) in 2019, with the fixed more

05.14.2020

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03.30.2020

Telekom Romania will not reduce headcount and will not put employees on furlough, CEO Miroslav Majoros said in a teleconference Monday. more

02.19.2020

Telekom Romania posted consolidated revenues of EUR980 million in 2019, up 5% on the year, and its EBITDA also grew 5%, to EUR144 million, the company said in a statement. more

12.18.2019

Cable TV service provider RCS&RDS Digi, the leading actor on the local fixed Internet and cable TV markets with a share of more than 50%, has developed an infrastructure equal or greater to the former more

12.02.2019

Telekom Romania has renewed the term of Miroslav Majoroš as CEO for another year starting January 1, 2020. more

12.02.2019

Germany's Deutsche Telekom Group, which undergoes a full restructuring process of its IT services division, T Systems, globally, in a move to cut costs by EUR600 million, has decided to also close more

11.25.2019

Telecommunications group United Group, which has operations in seven countries in the region, is held by US-UK private equity firm BC Partners and has just signed the deal to take over Vivacom, more

11.07.2019

Telekom Romania group, consisting of the former Cosmote and Romtelecom, reported 7.4% higher revenues, of EUR243.5 million, year-over-year in the third quarter of 2019, against the backdrop of a more

09.19.2019

Germany’s Deutsche Telekom, one of the largest global actors on the telecom industry, is facing a longer drawn-out exit process in Romania than it would have liked, because the main entities more

08.08.2019

Telekom Romania group posted consolidated revenues of EUR231.2 million in the second quarter, down 2.8% on the year on lower mobile phone sales, and an adjusted EBITDA of EUR29.8 million, the company more

07.23.2019

Simplification of internal processes and products, digitalization and automation of certain operations and the pressure for an improvement in the financial results are the main reasons for Telekom’s more

07.18.2019

Telekom Romania group, consisting of the former Cosmote and Romtelecom, will lay off nearly 700 employees as part of a restructuring program started two years ago. more