July 24, 2016 5:42 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: 39
Chief Customer Process Officer
Chief Information Officer
Age: 51
Communication Director
Compensation as of Fiscal Year 2016.

Telekom Romania Communications S.A. Key Developments

Telekom Romania Communications Announces Earnings Results for the First Quarter of 2016

Telekom Romania Communications announced earnings results for the first quarter of 2016. For the period, the company posted loss before interest and taxes of EUR 12.4 million against EUR 100,000 a year ago. EBITDA dropped by an annual 37.5% to EUR 20.5 million. Revenues declined by 7.8% to EUR 137.1 million, primarily reflecting sharply lower voice revenues and timing of ICT projects implementation.

Orange, Vodafone, Telekom Romania Sign Election Contracts with Special Telecommunications Service

Special Telecommunications Service (STS) has signed new framework contracts with Orange, Vodafone and Telekom Romania for coverage during the upcoming elections. The deals for mobile voice and data services are worth a total EUR 843,079. STS has signed separately with each of the three mobile operators framework agreements for a total four years. The largest contract, worth EUR 477,943 was with Orange Romania, followed by EUR 253,688 with Vodafone Romania and EUR 111,448 with Telekom.

Telekom Romania to Invest €180 million in Infrastructure in 2016

Telekom Romania announced that it plans to invest €180 million in infrastructure 2016, and to increase by more than 30% its optical fiber footprint. The bulk of the investment will be directed to the further development and expansion of network infrastructures, on both fixed and mobile technologies. The company said it will increase by more than 30% its optical fiber footprint, aiming to reach 2 million households by the end of 2016.

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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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