Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Telekom Romania Mobile in Q2 2024: total revenues...

Telekom Romania Mobile in Q2 2024: total revenues of EUR 66.7 million and an increase in Postpaid subscribers base of 4,7% year-on-year

September 1, 2024

Telekom Romania Mobile recorded 1.951 million Post paid subscribers at the end of the second quarter of 2024, up 4.7% compared with the same period of last year, continuing the trend of subscribers’ base growth since Q4 2020. In the same period, the total customer base stood at 3.60 million subscribers, down 11.4% as compared to same period last year, driven by the optimization of some marketing activities.

As of 30 of June 2024, Telekom Romania Mobile recorded total revenues of EUR 66.7 million, down 3.7%, as compared to the same period in 2023. Mobile service revenues were impacted by customer-retention promotions in prior periods and an additional 50% MTR cut has been implemented, as of the beginning of 2024. Other revenues were up in the quarter, mainly reflecting higher handset sales.

Charalampos Mazarakis, CEO Telekom Romania Mobile: “We stay focused on providing customers’ excellence to our clients, with products and services that are tailored on their needs, while we are aiming for optimizing and transforming our company’s business toward a more digital experience.”

In June 2024, Telekom Romania Mobile has launched a special offering, for both prepaid and postpaid customers under the statement “Come into Unlimited Shop and you get all for 3 euro!”. The offering is addressed to residential customers and entrepreneurs and follows the launch of VoWiFi service, which provides the opportunity of communicating from any location, through WiFi internet.

The information provided by KomuniK

Read in full - click here
Romanian Social Democrats elect new leadership, only one candidate running for party leader

Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]

Black Friday sales processed by PayU Romania top EUR 100 mln by early afternoon

The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]

Romanian smartphone retailer Contakt to launch IPO on Bucharest Exchange

Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]

Romania draws fewer foreign tourists than in the communist era, Travel Agencies Association warns

Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...

InterCapital launches two new ETFs on the Bucharest Stock Exchange

InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]

Romania, Bulgaria and Republic of Moldova approve Maspex’s takeover of Purcari Wineries

The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries.  The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]