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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Telekom Romania’s fixed-line division breaks even after six years of losses

Telekom Romania Communications, the fixed communications services division within the Telekom Romania group, reported last year RON 149 mln (EUR 31 mln) net profit for the first time after six years, according to the data reported to the Ministry of Public Finance, quoted by Ziarul Financiar.

The fixed-line division of Telekom Romania is being taken over by the French telecom operator Orange.

Telekom Romania Group, one of the largest players on the local fixed and mobile communications market, reported in 2020 a net turnover of RON 5 bln (over EUR 1 bln), 3% more compared to the previous year.

It remained in the loss area while its debts advanced, in total, by 10% YoY, according to the reported data.

“In Romania, the average monthly revenue per customer (ARPU) is relatively low, and the Digi group is a fairly aggressive operator in the market,” commented Dominique Leroy, the new head of operations for Europe at Deutsche Telekom.

(Photo: Lovelyday12/ Dreamstime)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Telekom Romania’s fixed-line division breaks even after six years of losses

Telekom Romania Communications, the fixed communications services division within the Telekom Romania group, reported last year RON 149 mln (EUR 31 mln) net profit for the first time after six years, according to the data reported to the Ministry of Public Finance, quoted by Ziarul Financiar.

The fixed-line division of Telekom Romania is being taken over by the French telecom operator Orange.

Telekom Romania Group, one of the largest players on the local fixed and mobile communications market, reported in 2020 a net turnover of RON 5 bln (over EUR 1 bln), 3% more compared to the previous year.

It remained in the loss area while its debts advanced, in total, by 10% YoY, according to the reported data.

“In Romania, the average monthly revenue per customer (ARPU) is relatively low, and the Digi group is a fairly aggressive operator in the market,” commented Dominique Leroy, the new head of operations for Europe at Deutsche Telekom.

(Photo: Lovelyday12/ Dreamstime)

andrei@romania-insider.com

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