This was a first for the company, as its other services such as Internet and TV, generated more revenue, according to its majority shareholder, Greece’s OTE group.
After having reported more Internet and TV service subscriptions than landline subscriptions for the first time at the end of September 2012, Romtelecom saw EUR70.9 million revenue from landline telephony and EUR78.7 million revenue from its other services in the fourth quarter.
The trend continued in the first quarter of this year, when landline telephony revenue stood at EUR69 million and the revenue generated by other services reached EUR76.5 million.
Romtelecom posted EUR313.9 million revenue from landline telephony services and EUR305.7 million revenue from other services in 2012. This was most likely the last year when landline telephony revenue was higher.
At the end of 2006, Romtelecom had only 104,000 Internet service users and more than 3.4 million landline telephony service users.
(English version by Loredana Fratila-Cristescu)