Telekom Romania Mobile Communications SA will keep its main core business, according to a statement released by Telekom on Monday.
Telekom Romania general manager Miroslav Majoros said the merger will bring a more efficient organizational structure and a more effective use of resources meant to endorse the new commercial strategy and consolidate the Telekom brand on the market.
Following the merger, the employees of the absorbed companies were transferred to Telekom Romania Mobile Communications SA, starting December 1, 2017, under the same contractual conditions stipulated in the individual labor contracts and they will have the same rights and benefits.
Telekom Romania provides fixed and mobile telecommunication services and has approximately 10 million services contracts. The company has been operating on the Romanian market since 2014, after the joint rebranding of Romtelecom and COSMOTE Romania.
Telekom belongs to Deutsche Telekom, an integrated telecommunications company.