Deutsche Telekom, the largest communications operator in Europe,has for the first time included in its yearly financial report dataon Romania, with figures showing that the German group has for thefirst time outranked rivals Orange and Vodafone in terms ofrevenues, with over 1.1 billion euros.
Deutsche Telekom (DT) calculated the 1.1 billion euros by addingtogether revenues of four companies in which it holds stakesthrough Greek group OTE, i.e. Romtelecom, Cosmote, Germanos, andZapp.
Orange posted 1.055 billion-euro revenues in Romania last year,whilst Vodafone's revenues amounted to around 1 billion euros,according to ZF estimates. The question is now who will becomemarket leader?
A similar situation exists on the insurance market, where theVienna Insurance Group (VIG) is no. 1 on the market as a group, viathe four different companies it holds, whilst Allianz-Tiriac isleader in terms of revenues derived separately.
With an EBITDA of 293 million euros last year in Romania, DeutscheTelekom fails, however, to outpace rivals Orange and Vodafone,which posted an over 400 million-euro EBITDA each, according toestimates.
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