Vodafone Romania announced today its financial results for Q3 2014, concluding the list of major local telephone operators presenting their financial results for the period July - September 2014. Vodafone now has 8.507.439 customers, of which 58.285 are users of fixed internet services, the total revenues for this period being 167.6 million euros. The interesting part of these results is that Vodafone's customer base has dropped by 60.313 compared to the previous fiscal quarter, a significant drop.
Although Vodafone had at one point come close to Orange in terms of total customer numbers, the last few years have seen an exodus of mobile operator subscribers and it seems the problems are not ending. At the moment, Vodafone ranks second in terms of the number of customers in Romania, Telekom adding up to a much larger total number of customers after the merger between Cosmote and Romtelecom which took place in September of this year.
Vodafone Romania announces the financial results for the quarter ended on September 30, 2014
- A total number of 8.507.439 customers, of which 7.914.267 users of mobile services and 58.285 users of fixed broadband services, on September 30, 2014
- Mobile ARPU was 6,2 Euros, in the three months ended September 30, 2014
- Revenues from services reached 167,6 million Euros in the quarter ended on September 30, 2014
- Excluding the impact of the drastic reduction in interconnection tariffs, revenues from services increased by 8% in the quarter ended September 30, 2014, compared to the same period last year
- Mobile data consumption increased by 63% in the quarter ended September 30, 2014, compared to the same period last year
Bucharest, Romania – November 11, 2014 – Vodafone Romania announces the main financial indicators for the second quarter of the fiscal year 2014-2015, ended on September 30, 2014, according to the results reported today by Vodafone Group Plc..
Vodafone Romania registered a total number of 8.507.439 customers*, of which 7.914.267 were users of mobile services, representing a decrease of 60.313 compared to the previous quarter.
Mobile ARPU of Vodafone Romania reached 6,2 Euros in the last three months, equivalent to a 4,7% increase compared to the previous quarter
Revenues from services decreased by 5,3% on an organic basis, compared to the same quarter of the previous year, as a result of the significant reduction in termination rates, by 69%, which came into force on April 1, 2014. If we exclude the impact of the decrease in termination rates end, Vodafone Romania's service revenues increased by 8% compared to the same period last year, on an organic basis.
On September 30, 2014, subscribers to Vodafone services represented 42,2% of the customer base, and Vodafone Card users, 57,8%. Users of postpaid services increased by 0,6 percentage points from one quarter to another and by 1,9 percentage points, from one year to another.
Mobile data consumption increased by 63% in the quarter ended on September 30, compared to the same period last year
The penetration rate of smartphones in the user base increased by 6,2 percentage points in the quarter ended on September 30, 2014, compared to the same period last year.
