Vodafone Romania had a 60% share of subscription contracts at the end of the quarter, compared to only 47% a year ago – the latest Vodafone Group reports. In concrete terms, more customers preferred to sign a subscription with the phone operator than to remain prepaid SIM users. Against the backdrop of this development – where customers have found a Vodafone subscription to have significantly greater benefits than a prepaid sim card or deals from rival telecommunication companies – Vodafone revenue is growing. The average monthly revenue per customer (ARPU) for subscription contracts segment rose by 2.5% to €8.8. There is a spectacular percentage increase in ARPU for prepaid deals, where Vodafone recorded an increase of 39.7%. Mobile data consumption on Vodafone’s network totaled 227,644 TB of data in the last reported quarter, up 11 percent year-on-year. In multiple press statements, Vodafone Romania’s management emphasized that the entire company is in a process of transitioning from a telco to a major IT&C player, with Vodafone being an integrated provider of IoT and ICT solutions. In addition, every year, Vodafone Romania invests over €200 million in 5G infrastructure development. Vodafone has the largest 5G network in Europe. Vodafone has been present in Romania since 1997. Over the years, the operator has invested in innovation and is the first to provide GPRS (2001), 3G (2005), 4G (2012) and 5G (2019) services. Vodafone Romania’s firsts on the local market include the first call center service (1997), the first corporate foundation (1998), the launch of SMS, data and fax services (1998), the first automatic speech recognition system (2014) and the first NB-IoT network (2018). Since 2019, Vodafone Romania has become a converged services operator. Vodafone Romania is a subsidiary of Vodafone Group, one of the world’s leading telecommunications and technology service providers, with extensive experience in communications, convergence and Internet of Things (IoT), and digital transformation.
The Arts Hour on Tour, the BBC World Service arts and culture program that visits cities all over the world, will be in Bucharest next week to record a show on topics relating to the cultural life in the city and Romania. Television and radio broadcaster Nikki Bedi, who curates, writes, and presents the program, […]
Romanian prime minister Marcel Ciolacu recently stated during an interview that foreign minister Emil Hureaznu will be replaced if he continues to send messages to private individuals, such as those addressed to Elon Musk, without consulting him. The warning comes after Emil Hurezeanu stated on Saturday, February 22, that Elon Musk’s support for Călin Georgescu […]
Romanian state-controlled gas producer Romgaz (BVB: SNG) reported a net profit of RON 3.22 bln (EUR 647 mln) in 2024, up 14.5% compared with the previous year. The company’s revenues went down by 11.9% to RON 7.93 bln (EUR 1.6 bln) because of lower...
The Romanian Parliament rejected the no-confidence motion initiated by far-right parties AUR, SOS Romania, and POT against the government led by Social Democrat prime minister Marcel Ciolacu. The motion received 147 votes in favor and one against during the lawmakers' meeting on Friday, February 28 - a figure lower than the 155 signatures with which […]
Nuclearelectrica (BVB: SNN), the company that operates Romania’s only nuclear power plant – Cernavoda, reported a net profit of RON 1.7 bln (EUR 343 mln) in 2024, down 31% compared with the previous year. The company recorded 37.6% lower revenues from electricity sales due to lower average...
In his first press conference since becoming interim president, held on Friday, February 28, Ilie Bolojan said that discussing peacekeeping troops in Ukraine is premature, since no peace agreement was reached. He also discussed increasing Romania’s defense spending, the relationship with the United States, and the reconstruction of Ukraine. The press conference was organised after Ilie […]
