Wireless Telecommunication Services
Company Overview of S.C. COSMOTE Romanian Mobile Telecommunications S.A.
S.C. COSMOTE Romanian Mobile Telecommunications S.A. provides mobile telecommunications services in Romania. It offers contract and pre-paid, international calls and roaming, voice mail, short message, call forwarding, call barring, teleconference, missed call notification, and info cost services; and mobile communication data services, such as i-mode, wireless Internet, and fax and data services. The company also develops smartphones. In addition, it offers Joyn apps service that provides customers a single application to connect via video call, text, instant messages, and group messaging; and share photos and videos over iPhone and Android smartphones. The company was formerly known as Cos...
America House Building
4-8 Nicolae Titulescu Street
Founded in 1999
Key Executives for S.C. COSMOTE Romanian Mobile Telecommunications S.A.
Chief Strategy of Transformation & Wholesale Services Officer
Chief Corporate Affairs Officer
Compensation as of Fiscal Year 2014.
S.C. COSMOTE Romanian Mobile Telecommunications S.A. Key Developments
Telekom Romania Mobile Communications Unveils First Own Brand Tablet, SpeedTab
Nov 25 14
Telekom Romania Mobile Communications, recently rebranded from Cosmote Romania, launched its first own brand tablet. SpeedTab is available for RON 279 with a subscription for the 'Internet Nelimitat T' tariff plan which for EUR 33.48 per month (VAT included) offers unlimited national data traffic and the first 3 GB of download speed up to 150 Mbps.
Cosmote Romania Announces Earnings Results for the Third Quarter and Nine Months Ended September 2014
Nov 6 14
Cosmote Romania announced earnings results for the third quarter and nine months ended September 2014. Total revenues rose by 5.0% on the quarter, to €107 million. The company's total revenues would have been a 9.0% annual increase in the third quarter, excluding the impact of a reduction in a interconnection rates. Pro forma earnings before interest, taxes, depreciation and amortization (EBITDA) reached €25.5 million ($32 million), similar to the previous quarter.
EBITDA margin reached 23.8% in July-September, while service revenues increased by 4% compared to the previous quarter, driven by a sales boost following the rebranding process.
Lycamobile to Launch Romania's First MVNO through a Partnership with Cosmote Romania
Sep 15 14
Lycamobile will launch Romania's first MVNO through a partnership with Cosmote Romania. Lycamobile will provide voice and data services both via prepaid cards as well as postpaid tariff plans and enters a market where the penetration rate of mobile services is of over 125 percent. The MVNO offers international calls for over 30 million customers from 17 countries, including Spain, Italy, the UK or Germany where there are numerous Romanian communities.
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