Vodafone Romania turnover up by 2.7 percent to over EUR 707.2 mln in FY ending March 2017

Georgeta Gheorghe | 16/05/2017 | 14:00

Vodafone Romania posted a turnover of EUR 707.2 million, up by 2.7 percent year-on-year, in the fiscal year that eneded in March 2017. The company also attracted 320,000 new subscriptions.

At the end of the year Vodafone Romania, the second largest local operator of mobile communications counted 9,441,063 users, up by 320,918 year-on-year. Out of the total, 8,744,061 are mobile services users.

Our concern to provide the best user experience and innovative services has led to a significant increase of the customer base and service revenues,” Ravinder Takkar, Vodafone Romania president and CEO.

On 31 March 2017, Vodafone Romania recorded an 100.4 percent year-on-year increase in mobile data consumption. The penetration rate of smartphone terminals increased by 3.7 percent year-on-year in 2017. In the same period, Vodafone Romania subscribers represented 41 percent of the mobile clients base, while 59 percent were pre-paid card users. The share of pre-paid services users in the total base increased 0.2 percent year-on-year.

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