Wireless Telecommunication Services
Company Overview of Vodafone Romania S.A.
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
Founded in 1997
Key Executives for Vodafone Romania S.A.
Head of the Enterprise Business Unit
Compensation as of Fiscal Year 2014.
Vodafone Romania S.A. Key Developments
Vodafone Romania Announces Revenues Results for Quarter Ended December 31, 2014
Feb 6 15
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
Nov 11 14
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.
Vodafone Romania Launches VoLTE Technology
Nov 7 14
Vodafone Romania launched VoLTE, an innovation in the field of voice calls provided through major developments of its network. Also, Vodafone tests 'Call +', a service based on VoLTE technology that provides more interaction, productivity and personality to voice calls. Vodafone said is the first operator in Romania and one of the first operators in Europe to launch VoLTE technology and demonstrate the capabilities of 'Call +'. VoLTE uses 4G data networks to transmit voice traffic as opposed to traditional mobile networks which have different channels for voice and data.
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