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October 09, 2015 10:10 PM ET

Diversified Telecommunication Services

Company Overview of Telekom Romania Communications S.A.

Company Overview

Telekom Romania Communications S.A. provides mobile and fix communication services. It offers 3G and 4G mobile voice and mobile data services, fix telephony, high speed Internet, and television on multiple technologies, including IPTV; cards; and fixed mobile packages, Internet, fixed voice, co-location, and fleet monitoring services for business customers. The company also provides a portfolio of data services, Internet infrastructure, transit and termination voice, SMS, mobile bilateral partnerships, international roaming, and many other custom solutions. In addition, it offers phones, smartphones, tablets, laptops, and phone accessories online. Telekom Romania Communications S.A. was form...

Piata Presei Libere nr. 3-5

Cladirea City Gate

Etajele 7-18 din Turn Nord

Sector 1

Bucharest,  013702


Founded in 1989


40 21 400 5682


40 21 400 5643

Key Executives for Telekom Romania Communications S.A.

Chief Executive Officer
Chief Financial Officer
Chief Strategy and Commercial Residential Officer and Commercial Director
Age: 38
Chief Customer Process Officer
Chief Information Officer
Age: 50
Compensation as of Fiscal Year 2015.

Telekom Romania Communications S.A. Key Developments

State To Sell Telekom Romania Communications' Stake By Early October

Advisors retained by the Romanian government will present a final strategy for the sale of state's remaining minority stake in Telekom Romania Communications S.A. by the end of September, 2015 or by October 3 -4 at the latest; reported citing Minister for Information Society Sorin Grindeanu. A consortium of SIF Swiss Capital, BT Securities, UBS and Musat si Asociatii was selected as the consultant for the sale. 45.99% stake in the company is held by the Romanian government via the Ministry for Information Society.

Telekom Romania Communications Reports Earnings Results for the Second Quarter of 2015

Telekom Romania Communications reported earnings results for the second quarter of 2015. For the quarter, the company reported that revenues were up by 0.5% to EUR 150.5 million, while EBITDA dropped 44% to EUR 24.7 million hurt by higher costs to address competitive pressure.

Telekom Romania Introduces MagentaOne

Telekom Romania introduced MagentaOne, a new commercial concept for integrated fixed and mobile bundles that is addressed to both residential and business customers. Romania is the third country in Deutsche Telekom Group to launch the new commercial approach for the integrated offers, after Germany and Slovakia. In Germany the number of integrated bundles customers already reached 1 million. New Telekom Romania residential customers who opt for integrated bundles get 6 months access to the TV service and a HD package at no extra cost during the same period of contract. The integrated fixed-mobile bundles are available in 2 options.

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Company Name Region
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