During the new fiscal year (between April 2014 and March 2015), Vodafone Romania will extend the number of 4G sites to cover 70% of the country’s urban population by March 2015. Also, Vodafone Romania’s 4G telecom network is set to cover the country’s entire urban population by March 2016.
According to company data, Vodafone Romania’s 4G services are available in capital city Bucharest and nine other cities – Arad, Bacau, Brasov, Cluj, Constanta, Craiova, Iasi, Galati and Timisoara.
Early 2014, Vodafone Romania said it will invest an additional EUR55 million in its network and stores over the next two years, under the global “Spring” program meant to speed up technological investments for the operations of British telecom group Vodafone.
Company representatives also announced Monday the launch of mobile money transfer and payment service ‘M-Pesa’, which is made available, for the first time in Europe, in Vodafone Romania’s 4G network, as well as in the 3G and 2G networks. The innovative use of mobile technology makes it possible for customers to enjoy a fast, simple and secure way to transfer money and make payments.
M-Pesa is a mobile money transfer service developed by Vodafone group and launched in 2007.
Vodafone Romania is the second largest telecom operator on the local market by number of customers and turnover.