The average revenue per user (ARPU) for mobile services provided by Vodafone Romania reached EUR5.1 in the quarter ended on December 31, 2019.
The results for the fourth quarter of 2019 also include the results reported by UPC Romania, which got under Vodafone’s umbrella at the end of July 2019, following the completion of the acquisition process.
Murielle Lorilloux, CEO Vodafone and UPC Romania, said investments in networks continued in the last quarter of 2019, adding new and improved offers for fixed and TV services have also been launched. Lorilloux pointed out the integration process will continue and the merger between the two companies, which will result in a single entity, is to be completed soon.
Vodafone Romania acquired UPC Romania in 2019, after the European Commission had approved the EUR18.4 billion deal whereby Vodafone Group had acquired in May 2018 US Liberty Global’s operations in Romania, Germany, Hungary and Czech Republic.
Vodafone Romania is a division of Vodafone Group which has divisions in 24 countries, 42 partner mobile networks and fixed broadband operations in 19 countries. On December 31, 2019, Vodafone Group had 625 million mobile services users, 27 million users of fixed broadband services and 22 million customers of TV services, including all Vodafone customers within the entities created following mergers and associations.