Cosmote Romania, the third largest mobile operator in the country by number of active subscriptions, saw €117.4m in sales revenue in Q1 2012 which is 9.4% more than in the corresponding period of the prior year.
According to Konstantinos Apostolou, financial director of the operator, sales growth in the beginning of the year was driven by 30% year-on-year increase in the number of corporate subscribers, which brought higher revenue from this segment for Cosmote. The number of the company’s 3G users grew by 74% in comparison to the first quarter of 2011.
At the end of March 2012, Cosmote served 6.41 million mobile telephony customers in Romania -- 235,000 less than in March 2011.
However, the share of post-paid subscribers increased from 22.4% in Q1 2011 to 23.4% in the first quarter of 2012.
|Key performance indicators of Cosmote Romania, Q1 2010 – Q1 2012|
|Sales revenue (€ m)||114.8||115.0||117.5||121.5||107.3||114.0||120.6||126.2||117.4|
|EBIDTA (€ m)||6.6||18.7||23.3||25.1||17.9||22.6||29.5||30.1||25.9|
|Number of mobile service subscribers (million)||7.2||6.7||6.7||6.9||6.6||6.6||6.5||6.5||6.4|