The company thus reported adjusted operating profit (EBITDA) of EUR13.7 million, double the level of the year-earlier period, amid EUR78 million total revenues, 5% higher than in the previous year. Services revenues stood at EUR50.5 million, down 7%.

Investments approved by OTE and Deutsche Telekom for the Romanian subsidiary were lower in the second quarter of 2022, at EUR5.5 million, compared with EUR13.4 million in the same period of last year.

The company reported client number increases both on the subscription and prepay cards segments, nearing, again, the threshold of 4 million mobile telephony clients.

The company’s officials declared themselves satisfied with the results.

(English version by Catalina Apostoiu)