Romania: OTE reports higher profit for Romania’s fixed line operator (...)

February 28, 2013

OTE reports higher profit for Romania’s fixed line operator Romtelecom, focus on TV and broadband continues
Feb 28, 2013

OTE reports higher profit for Romania’s fixed line operator Romtelecom, focus on TV and broadband continues.
Romanian telecom operator Romtelecom, majority owned by Greek OTE upped its profit before taxes (EBITDA) last year by 11 percent, to some EUR 166 million, while its revenues were at some EUR 620 million, down on EUR 655 million in 2011. The drop in revenues was of 8 percent in the fourth (...)
[Read the article in Romania Business Insider]

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