Technology &Telecoms
GTS Telecom Services Down To EUR20M In 2012, Operating Profit Up To EUR5M
GTS Telecom Romania had revenues of EUR20 million last year, down 15% from 2011, and an operating profit (EBITDA) of EUR5 million, up 10% on the year.
Orange Romania 2012 Revenues Down 2.6% On Year, To EUR913M
Revenues of mobile operator Orange Romania saw a slight decline last year, of 2.6%, to EUR913 million, affected, among other factors, by the impact of new interconnection tariffs.
IQuest Targets 13.6% Boost In Turnover This Year, To EUR25M
Software solutions and services provider iQuest posted a turnover of EUR22 million last year, up 35% from 2011, following expansion domestically and abroad, and estimated to hit EUR25 millio...
Minister: Over Ten Investors Interested In Posta Romana Privatization
Over ten companies sent non-binding letters of interest for the privatization of Romanian postal company Posta Romana, a process that is expected to be completed in June, Communications Mini...
Cosmote To Launch Commercial 4G Services End-April
Mobile operator Cosmote Romania will provide 4G telecom services in Bucharest and several other Romanian cities as of end-April, company commercial manager Panos Makris said Monday.
Black Friday, Christmas Discounts Lift Durable Consumer Goods Market In 2012
The Romanian durable consumer goods market climbed 2% in 2012 to EUR1.4 billion, helped by a 10% increase in the last quarter of the year driven by Black Friday and Christmas discounts, acco...
UPC Romania’s Revenue Up 3.1% In 2012, To RON450M
Cable television operator UPC Romania reported 450 million lei (EUR102.7 million) revenue in 2012, from RON437 million in 2011, following the customer numbers increase.
Asus: Mostly Gamers And People On Tight Budgets Buy Desktop Computers
More and more people are going for tablets and laptops when it comes to new purchases and the only ones buying desktop PCs are those who either need significant processing power or those on...
Berroeta, Vodafone: Most of Revenue Decline Was Due to Termination Rate Cuts
The reduction of mobile termination rates in 2012 by almost 40% against the preceding year weighed heavily on the financial results of telecom operators, Vodafone Romania chief executive tol...