Friday, July 27, 2007

Vodafone Romania revenues grew 26.8% in Q1 of 2007-2008 fiscal year


Vodafone Romania service-based revenues grew 26.8% in the first quarter of the 2007-2008 fiscal year as compared to the same period last year, the telecom operator announced on Thursday. During the period, the total number of customers reached 8,223,445, an increase of 1,470,351 as compared to the data presented a year before.

Company representatives did not mention the value of the revenues or the total revenue data.

According to Liliana Solomon, president and CEO Vodafone, Romania is one of the best performing divisions of the Vodafone group.

At group level, Vodafone registered revenues of 17.03 billion USD, 7.5% more than the same period the year before.

Vodafone’s main competitor on the market, Orange Romania reported 8.27 million clients by the end of March, while Cosmote Romania, the newest on the market, announced 2 million clients in April.

HotNews.ro, Jul 19, 2007

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