Telekom Romania Communications and Telekom Romania Mobile Communications announce key performance indicators in first quarter of 2018, ended March 31, 2018, as reported today by OTE Group.
Telekom Romania Communications
In Q1 2018 Telekom Romania Communications reported revenues of EUR 136.7 mln, down by 4.7% compared to Q1 2017, while adjusted EBITDA reached EUR 17.1 mln, down by 20.1% yoy.
The number of customers for fixed-mobile integrated services increased by 38% in Q1 2018 compared to the corresponding quarter last year, reaching 550,000 at the end of March 2018.
A slight increase was registered also on the TV customer segment, by 0.4%, in Q1 2018, up to 1.46 million TV customers, with corresponding revenues lower by 5% yoy. An important growth rate was registered on the Internet TV (IPTV) segment, with customers up by 24% compared to the same quarter last year.
At the end of Q1 2018 Telekom Romania Communications reported 1.17 million broadband subscribers (both fixed and mobile), down by 0.8% compared to the same quarter last year. Broadband revenues declined by 9% yoy.
Voice users (fixed and mobile) reached 2.09 million at the end of the first quarter of this year, down by 1.6% as compared to Q1 2017. This result was impacted by the 19% lower revenues generated by fixed voice vs. same quarter of previous year.
Telekom Romania Mobile Communications
In Q1 2018 Telekom Romania Mobile Communications registered total revenues of EUR 121.3 mln, up by 12.5% compared to the same period of last year, mainly due to higher postpaid revenues and higher revenues from merchandise sold.
The customer base totalled 4.7 million at the end of March 2018, down by 6.8% yoy, mainly due to elimination of inactive prepaid cards. The postpaid segment continued to consolidate, reaching 35% out of the total customer base. The business customer base increased by 2.3% in Q1 2018 against the similar period last year, reflecting the increased appeal of company’s offers launched under #Businessliber campaign.
Adjusted EBITDA increased by 1.9% in Q1 2018 compared to Q1 2017, reaching EUR 16.0 mln.
