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Orange has become the first mobile operator in Romania to reach 6 million customers. After announcing 5 million customers in January, Orange has announced today it has excedeed 6 million, demonstrating significant growth and a clear consolidation of its position as the leader in the Romanian mobile telecommunication market. In June mobile phone market...
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The Romanian Ministry of Communications and Information Technology (MCTI) is seeking an international investment bank for the privatisation of Romtelecom. The privatisation will be achieved through the sale of MCTI'™s shareholding in Romtelecom which, it is envisaged, will be effected by way of an Initial Public Offering (IPO). It is anticipated that the...
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Connex and SMURD Targu Mures (Mobile Emergency Service for Resuscitation and Extrication) are pleased to announce their partnership resulting in a new telemedicine solution that will increase the capabilities and the efficiency of the mobile units in emergency interventions. Through a EUR 100,000 Connex sponsorship, eight SMURD ambulances are now endowed...
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The cumulated turnover of Romanian providers of public electronic communications networks and services stands at about EUR2.773 billion for 2004, a 14.2% increase over EUR2.428 billion in 2003, according to preliminary figures released by the National Regulatory Authority for Communications on Thursday. Over 80% of this cumulated turnover (about EUR2...
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Orange Romania reported a 44,6% year on year increase in subscriber number and a 44,8% increase of revenues as of the end of the first half of 2005, as reported by France Telecom on July 28, 2005. Subscriber numbers reached 5.72 million at 30 June, 2005, from 3.96 million a year earlier. Revenues for the first half of 2005 were EUR388 million, up from...
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In the quarter ending June 30, 2005 Connex added 227.719 clients. Monthly ARPU (average revenue per user) was 167 USD in the previous twelve months, with 67 USD per prepaid user and 330 per contract user.Connex, the first video mobile telephony network in Romania, announced sustained growth in subscribers for the second quarter ending June, 2005, as...
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Liberty Global, Inc. ("Liberty Global") (Nasdaq: LBTYA, LBTYB) announced Friday July 22, 2005 that its European subsidiary, UPC Broadband, has reached an agreement to acquire from a group of Romanian entrepreneurs, foreign investors and AIG New Europe Fund, 100% of one of Romania's largest broadband telecommunications operators, Astral Telecom SA ("Astral...
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ANRC submitted to public consultation the maximum tariffs to be charged by Romtelecom for interconnection services on Monday. These suggestions were established upon the elaboration of a hybrid long run incremental cost calculation model (LRIC), resulted from the reconciliation of ANRC and Romtelecom models.ANRC suggests a 3 step adjustment of tariffs for...
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Connex and Raiffeisen Bank announced Tuesday that they have reached ten thousand users of myBanking, the service that allows Connex and Raiffeisen Bank clients to access banking information on their mobile. 'žWe are very pleased to be leading the market in mobile banking. This significant milestone shows the success of myBanking. Two years ago, we made it...
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Max TV, the new television network that offers topnotch reception of TV programs in any location will be officially launched today, announce Digital Cable System member companies. The service is based on the agreement signed between DCS and NSAB (Nordic Satellite AB) for satellite TV broadcasting (Direct-To-Home '“ DTH). 'Entertainment services enter a...
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