Telekom Romania Mobile announces 89 percent EBITDA growth for first nine months
As of September 30, 2022, Telekom Mobile counted 4.08 million prepaid and postpaid customers, up 13.3 percent compared to September 30, 2021, which is equivalent to 390,000 net additions during this year so far, of which 141,000 in Q3 alone.
At the end of the third quarter, Telekom Mobile had 1.82 million postpaid subscribers (up 6.2 percent year-on-year), and 2.25 million prepaid users (up 19.8 percent yoy).
During the third quarter of 2022, EBITDA has increased 20.0 percent yoy, to 12.6 million euro, for the seventh consecutive quarter, following consistent and continuous efforts to increase operational and financial efficiency. For the 9-month period, EBITDA was 38 million euro, up 89 percent year-on-year.
“It has been a nine-month rally in a complicated context in which everything changed from one day to another. The only thing that did not change was our promise: Mobile as you want it. Simple and fair. And it will not change either. We stand firm in treating our customers with respect and fairness”, said Dina Tsybulskaya, Telekom Romania Mobile CEO.
Telekom Romania ended Q3 with revenues totalling 76.8 million euro. The 9M period ended with a 0.3 percent growth, compared to 9M 2021, to 233.4 million euro.