Romtelecom, no. 1 on the fixed telephony market and one of thebiggest providers of TV and internet services on the Romanianmarket, posted 178.7 million euros in revenues in the secondquarter of the year, down 11.1% on the similar period of last year,amid the difficult economic situation, which affectedconsumption.
The company's EBITDA was down by 59.7%, to 24.4 million euros. Theoperating result (EBIT) amounted to a 41.5 million-euro loss, aftera 1.5 million-euro loss in the second quarter of last year.
The company however had 10 million euros in supplementary revenuesfrom other sources than telecommunications operations, such as rentand penalties, so Romtelecom's overall revenues fell by around 9%in the second quarter against the similar time last year. Thenumber of subscribers to Romtelecom services rose to 4.5 million,with the increases recorded by broadband internet and televisionservices offsetting the decline of the fixed telephony segment,according to the company.
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