October 21, 2017 1:58 AM ET

Diversified Telecommunication Services

Company Overview of Telekom Romania Communications S.A.

Company Overview

Telekom Romania Communications S.A. provides integrated fixed and mobile services to local and international partners. It offers international voice services, including international transit, traffic termination, and value added services; IP/data services, such as IP transit and Internet, wholesale VPN, wholesale Ethernet, and private leased circuits; international roaming services, including wholesale resale roaming access, wholesale direct roaming access, and operator to operator roaming; and virtual mobile partnership services, such as full MVNO, light MVNO, and branded resale. The company also provides SMS and signaling based services, including SMS and signaling based services; and temp...

Piata Presei Libere nr. 3-5

Cladirea City Gate

Etajele 7-18 din Turn Nord

Sector 1

Bucharest,  013702

Romania

Founded in 1989

Phone:

40 21 400 5682

Fax:

40 21 400 5643

Key Executives for Telekom Romania Communications S.A.

Chief Financial Officer
Chief Strategy & Commercial Residential Officer and Commercial Director
Age: 40
Chief Customer Process Officer
Chief Information Officer
Age: 52
Communication Director
Compensation as of Fiscal Year 2017.

Telekom Romania Communications S.A. Key Developments

Telekom Romania Announces Earnings Results for the Second Quarter of 2017

Telekom Romania announced earnings results for the second quarter of 2017. For the quarter, the company's revenues were down 2.6 % to EUR 235.5 million reflecting competitive pressure in mobile, especially prepaid, partially offset by a solid performance in the fixed segment, driven by the company's fixed-mobile convergent platform and wholesale. Combined adjusted EBITDA posted an increase of 5.9% to EUR 39.2 million in the second quarter. Revenues from Romanian fixed-line activities were up 1.4% from the prior-year level to EUR 151.6 million.

Telekom Romania Names Karoly Borbely as Public Affairs Director

Telekom Romania appointed former Communications Minister, Karoly Borbely, as its new Public Affairs director. Borbely served as Communications Minister during the Calin Popescu-Tariceanu cabinet between December 2007 and December 2008 on behalf of the party representing the Magyar minority in the country.

Telekom Romania to Invest in 4G, Reduce Reliance on Roaming

Telekom Romania will continue to invest in the expansion of its own LTE mobile network in areas with high data traffic, in order to reduce its reliance on Orange's infrastructure. This approach allows the company to replace the expensive arrangements through which it has access to Orange's LTE network and will also support the future performance of the company.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
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