Telekom Romania Group Consolidated Revenue Down 1% YoY To EUR230M In Q2/2020

08.06.2020 By Ecaterina Craciun

Telekom Romania Group, which consists mainly of the former companies Cosmote and Romtelecom, reported consolidated revenue of EUR228.9 million in the second quarter of 2020, down 1% on the year, and an EBITDA adjusted to IFRS16 of EUR36.2 million, up 25.7% on the year, due to measures targeting additional costs and cost transformation in the context of the crisis caused by the COVID-19 pandemic.

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