Romtelecom registered revenues of EUR492.5 million and EBITDA of EUR88.3 million in the first nine months of 2011, Greek croup OTE, owner of Romtelecom, said in a financial report Friday.
Romtelecom’s operating profit amounted to EUR42.7 million in the analyzed interval versus losses of EUR31.7 million in January-September 2011.
The number of Romtelecom’s voice services clients dropped 6.6% to 2.36 million, from 2.53 million at the end of September 2011.
On the broadband Internet segment, the company’s number of subscribers climbed 6.7% to 1.18 million at the end of September, from 1.1 million in the same interval a year ago. Broadband penetration as a percentage of total Romtelecom voice connections stood at 50% at the end of the third quarter.
The number of TV service clients climbed 1.9% in January-September to 1.23 million from 1.2 million at the end of September 2011. Penetration of television services reached 50%.
Romtelecom’s EBITDA increased 21% in the thirds quarter to EUR44.7 million from EUR36.9 million in the similar interval a year ago, while revenues fell 4.1% to EUR153.5 million, from EUR160 million.