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OTE and Deutsche Telekom turnover in Romania topped 1.3bn euros in 2009

Autor: Adrian Seceleanu

27.10.2010, 00:08 14

The companies controlled by communications groups OTE (Greece)and Deutsche Telekom (Germany) last year generated turnover worthapproximately 1.3bn euros, according to the data the companiespublished with the Trade Registry.

The figure almost equals the one registered in 2008, consideringCosmote bought Zapp, and mobile telephony increases offset thedeclines witnessed by all the other business lines, from fixedtelephony to retail.

The five companies that are in the Greek-German sphere ofinfluence are Romtelecom (fixed telephony leader), Cosmote (rankingthird on the mobile telephony segment), Germanos (leading on thetelecom retail segment), Zapp (a mobile telephony operator due tobe absorbed by Cosmote) and Combridge (a services provider foroperators and companies).

Deutsche Telekom and OTE have not released consolidated data onthe entire Romanian turnover for the entire 2009, so that,excluding some acquisitions sealed among group companies, turnovermay be lower than 1.37bn euros.

OTE and Deutsche Telekom can claim together the top position onRomania's communications market in terms of cumulated turnover, butOrange and Vodafone are still leading in terms ofprofitability.

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