Vodafone announced today the financial results for Q4 2017 in Romania, i.e. the last three months of last year, and we are talking about very good news for the mobile operator's investors. According to him, in Q4 2017 the number of its customers reached 9.944.595 customers, an increase of 722.000 customers compared to the same period last year, the operator getting extremely close to those from Orange and surpassing the Telekom company.
Vodafone also announces that it recorded revenues of 182.3 million euros in Q4 2017, most likely less than Orange and Telekom, which generate over 200 million euros quarterly. For Vodafone, we are still talking about a 2.2% increase in organic revenues, the mobile operator being in an important increase in revenues.
Vodafone also announces that mobile subscribers represented 40% of the total customer base in Q4 2017, and 60% use services with prepaid cards, the percentages changing by 1% in favor of cards compared to Q4 2016. Vodafone also announced that it has increased with 71% and mobile internet consumption in its network, but this is normal since mobile internet services were promoted so intensively.
Vodafone is continuously growing both in terms of the number of customers and in terms of revenue after Murielle Lorilloux became the new president of the Romanian mobile phone operator. As things stand, it is possible that in Q1 2018 Vodafone will announce that it has once again exceeded 10 million active customers in Romania, a figure from which it has seriously distanced itself for several years, but which it has approached thanks to its new CEO.
"Vodafone Romania announces the financial results for the quarter ended December 31, 2017
- Service revenue increased, in organic terms, by 2,2% in the quarter ended December 31, 2017, compared to the same period last year, up to 182,3 million euros
- The total number of customers increased by 5,2% compared to the same period last year, reaching 9.944.595
Bucharest, February 1, 2018 – Vodafone Romania announces the main financial indicators for the quarter ended on December 31, 2017, according to the results reported today by Vodafone Group Plc.
Vodafone Romania registered 9.944.595 customers in total as of December 31, 2017, representing an increase of 5,2% compared to the same period last year. Of the total number of customers, 9.221.666 are mobile service users.
Mobile ARPU of Vodafone Romania was of 6 € in the three months ended December 31, 2017, compared to 6,1 euros in the previous quarter. Revenue from services REPORTED for the quarter ended December 31, 2017 reached 182,3 million euros, up 2,2% compared to the same period of the previous year, in organic terms.
On December 31 2017, mobile subscribers accounted for 40% of the total customer base of Vodafone Romania mobile services, and Vodafone Card users, 60%, compared to 41% and 59%, respectively, the proportions recorded in the same period last year.
Mobile data consumption rose 71% in the quarter ended December 31 2017, compared to the same period last year.
Murielle Lorilloux, Vodafone Romania CEO, said: "The supremacy of our Supernet™ 4,5G network on both voice and data services, reconfirmed by the latest Best in Test certification, is also recognized by the increasing number of customers who choose our services. The last three months of 2017 saw strong customer base growth amid rising smartphone penetration, particularly in the 4G service customer segment, which expanded by 50% year-on-year." .
Vodafone Romania was certified by the independent auditor P3 communications as the best performing mobile network in Romania, for the quality and performance of its voice and mobile data services, for the fourth consecutive year. The operator also got the highest score for mobile data services and offers the best internet browsing and YouTube experience compared to other operators.
Vodafone Romania is a division of Vodafone Group Plc., one of the world's largest mobile telecommunications groups, offering a range of services including voice, messaging, data and fixed communications. Vodafone Group has divisions in 26 countries, 49 partner mobile networks and fixed broadband operations in 19 countries. As at 31 December 2017, the Vodafone Group had 529,1 million mobile users and 19,3 million fixed broadband users, including India and all Vodafone customers in entities created through mergers and associations. For more information, visit www.vodafone.com.”
