The company’s service revenue stood at EUR158.6 million on June 30, 2019, compared with EUR178.2 million in the same period in 2018.
According to the company, the revenue from services reported inched up 0.2% compared with the same period a year ago. Excluding the impact of Mobile Termination Rates, the service revenue inched up 0.8%.
Vodafone Romania had a mobile customer base of 9.024 million on June 30, 2019, higher by 1.4% year-on-year.
Overall, the company has 9.8 million customers, 164,122 more than a year before.
The average revenue per user (ARPU) for mobile services provided by Vodafone Romania reached EUR5,1 in the quarter ended on June 30, 2019, from EUR6 in the quarter ended on June 30, 2018.
The European Commission has recently approved the EUR18.4 billion deal whereby Vodafone acquired in May 2018 US Liberty Global’s operations in Romania, Germany, Hungary and Czech Republic. In Romania, the deal is expected to be finalized by end-July 2019.
Vodafone will be gaining one million customers for fixed services and a network that covers half of the households in Romania, with the actual takeover of the cable TV service provider UPC next month. It will thus become a business with almost EUR1 billion revenue a year, which can tackle the fixed and mobile services segment, becoming a fiercer competitor to rivals Telekom and Digi and to Orange, which does not have a landline network, to a certain extent.
Vodafone Group has divisions in 25 countries, 41 partner mobile networks and fixed broadband operations in 19 countries. On June 30, 2019, Vodafone Group had 640 million mobile services users, 21 million users of fixed broadband services and 14 million customers of TV services, including all Vodafone customers within the entities created following mergers and associations.