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May 04, 2015 7:36 AM ET

Wireless Telecommunication Services

Company Overview of Vodafone Romania S.A.

Company Overview

Vodafone Romania S.A. provides mobile telecommunications services in Romania. The company offers voice and data communication services. It also operates LTE network, serving Baia Mare, Botosani, Buzau, Braila, Oradea, Pitesti, Ploiesti, Sibiu, Tirgu Mures, Arad, Bacau, Brasov, Cluj-Napoca, Constanta, Craiova, Iasi, Galati, Timisoara, and Bucuresti. The company was formerly known as Connex-Vodafone and changed its name to Vodafone Romania S.A. in April 2005. The company was founded in 1997 and is based in Bucuresti, Romania. Vodafone Romania S.A. operates as a subsidiary of Vodafone Group plc.

P-ta Charles de Gaulle nr. 15

sector 1

Bucharest,  011857

Romania

Founded in 1997

Phone:

40 37 202 1000

Fax:

40 37 202 1413

Key Executives for Vodafone Romania S.A.

Chief Executive Officer
Head of the Enterprise Business Unit
Chief Technology Officer
Senior Director of Legal
Human Resources Director
Compensation as of Fiscal Year 2014.

Vodafone Romania S.A. Key Developments

Vodafone Romania S.A. Receives Contract of EUR 58,632 for Telephone and Data Transmission Services

Vodafone Romania S.A. announced that it received total final value of contract of EUR 58,632 excluding VAT for the provision of mobile telephony services (voice and data), telephony, mobile internet and fixed data (internet, vpn).

Vodafone Romania Announces Revenues Results for Quarter Ended December 31, 2014

Vodafone Romania announced revenues results for quarter ended December 31, 2014. The company saw its service revenues for the third quarter of fiscal year 2014-2015 to 31 December 2014 decrease by 5.8% year-on-year to GBP 132 million on an organic basis due to the significant reduction of termination rates by 69%, which came into force on 1 April 2014. Excluding the impact of declining rates termination, Vodafone Romania's service revenue increased by 8.8% over the same period last year on an organic basis. The company had 8.016 million users of mobile services at 31 December 2014, up 102,000 compared to the previous quarter.

Vodafone Romania Reports Earnings Results for the First Half Ended September 2014

Vodafone Romania reported earnings results for the first half ended September 2014. For the period, the company reported adjusted operating profit fell to £41 million ($65 million/€52.3 million) from £54 million a year earlier. Earnings before interest, taxes, depreciation and amortization fell to £98 million from £114 million a year earlier. The company saw its service revenues fall 5.3% year-on-year organically to €167.6 million as a result of a significant reduction of termination fees with 69% which was applied at April 1.

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