“The only thing that’s changed is that things become final when the European Commission approves completing the deal, which will definitely be a turning point for UPC, as will for Vodafone. Other than that predictable moment, nothing has changed as far as we are concerned,” Mihnea Radulescu, who became CEO of UPC Romania on April 1, told ZF.
The company will continue investment in network expansion and launch of new services in order to add more customers, Radulescu said.
“We will continue to pursue our strategy, we are still a standalone company part of Liberty Global, we have a strategy, we’ll continue to invest in Romania, in expanding the infrastructure, in innovation.”
The Romanian market is so harsh no company can afford to remain idle for several months, he added.
“We will continue to do these things, times does not stand still for us, the way I see it, it would be suicide in Romania to stop and not do anything in this harsh environment. Yet regardless of the situation, we have a strategy, we still have growth goals in Romania.”
The Vodafone-Liberty Global deal was announced on May 9 after months of speculations.
UPC posted 722 million lei (EUR158 million) revenue in Romania in 2017.
(English version by Loredana Fratila-Cristescu)