Telekom Mobile, the mobile operator held by Greek group OTE after the sale of its landline operations to Orange, announced on Thursday that it had 4.08 million subscribers and prepaid card users as of September 30, a 13.3% increase , than as of September 30, 2021. , which equates to a net increase of 390,000 new customers this year, including 141,000 in the third quarter alone.
At the end of the third quarter, Telekom Mobile had 1.82 million subscribers (up 6.2% year-on-year) and 2.25 million prepaid users (up 19.8% year-on-year).
In the third quarter of 2022, EBITDA increased by 20.0% compared to the previous year, reaching EUR 12.6 million for the seventh consecutive quarter, as a result of consistent and continuous efforts to improve operational and financial efficiency. For nine months, EBITDA was 38 million euros, which is 89% more than in the previous year.
- “Even in difficult market conditions, we were able to continue to grow our client base and achieve new records. We have been able to do this because we are completely focused on the customer. We are relentlessly pursuing our strong cost efficiency program and quickly adapting to the ever-changing business environment,” said Nicolas Mahler, CFO of Telekom Romania Mobile.
The company says it ended the third quarter with revenue of 76.8 million euros. The first nine months of the current year ended with an increase of 0.3% compared to the same period last year to 233.4 million euros.
In the third quarter, Telekom Mobile continued to improve its network, offers and customer experience.
“The summer offer, launched in mid-June, brought Telekom Mobile its highest net new customers this year in the third quarter and reached the threshold of 4 million customers in August,” the operator claims.
Telekom Mobile is not participating in the 5G auction, but is upgrading the 4G network
The company also says it has improved its 4G network.
- “It is currently 100% upgraded to the 4G / 4G+ standard, which provides extended coverage of data services. The company also continues work on connecting base stations to solar panels, replacing current energy sources with renewable ones. Telekom Mobile already has more than 15% of base stations equipped in this way, and is the leader in this indicator in the European region.
- Over the past year, the quality of the Telekom Mobile network has improved in 1,200 settlements with a population of 10.6 million inhabitants. In the first half of the year, the upgrades improved coverage in more than 440 urban and rural areas with a total population of 345,000, and 4G coverage exceeded 98% of the population,” the statement said. communication operator.
5G auction: Orange, Vodafone and RCS&RDS want to pay for less radio spectrum than the state put up for sale
Only Orange, Vodafone and RCS&RDS submitted their applications by the deadline of 27 October 2022 for the competitive selection procedure for the allocation of new radio frequencies to be used specifically for 5G technology.
A fourth major local player, Telekom Mobile (controlled by Greeks from OTE after the sale of fixed-line operators to Orange), has shown no interest, and other operators from outside the country have not submitted bids.
Recently, ANCOM announced that the requests of 3 operators are lower than the amount of spectrum sold in the auction
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