Romtelecom’s EBITDA, excluding restructuring costs, fell 32.7% in the third quarter to EUR35.7 million, from EUR44.7 million in the similar interval a year ago.
Its EBITDA margin shrank 5.7 percentage points, from 29.1% to 23.4% of revenues.
The company registered operating loss of EUR1.6 million in the third quarter of 2013, from operating profit of EUR17.4 million in the similar interval a year ago.
Romtelecom’s operating costs climbed 7% in the analyzed interval, following investments in IT&C projects.
Voluntary leave costs amounted to EUR5.6 million and depreciation and amortization costs rose 16.1% to EUR31.7 million.
Landline phone services on the retail segment generated revenues of EUR94.9 million, down 7.2% from EUR102.3 million. On the corporate segment, revenues from landline telephony services rose 19.5%, from EUR22 million to EUR26.3 million.
Romtelecom’s customer numbers on the Broadband Internet segment rose 4.8% to 1.237 million at the end of September 2013, from 1.181 million at the end of September a year ago.
On the TV services segment, Romtelecom registered 1.320 million clients, up 7.2%.
Romtelecom’s revenues fell 4.9% in the first nine months of 2013 to EUR446.8 million, from EUR470 million in the similar interval a year ago.
Its EBITDA, excluding restructuring costs, fell 19% to EUR101.7 million, from EUR125.5 million.