11.22.2023

Entrepreneur Adrian Tomsa, who leads a group of investors negotiating the takeover of mobile telephony operator Telekom Romania Mobile from Greece’s OTE and Germany’s Deutsche Telekom, says that more

11.21.2023

Telekom Romania Mobile, part of Greece’s OTE Group, on Tuesday morning surprisingly confirmed that it was in talks to sell to local entrepreneur Adrian Tomsa, owner of Clever Media Network (CMN). more

11.09.2023

Telekom Romania Mobile’s total revenue shrank 7.4% to EUR71.1 million in the third quarter of 2023 compared with the year-ago period, while adjusted EBITDA was 63.5% lower, EUR4.6 million compared more

04.11.2023

Telekom Romania Mobile, the fourth mobile telephony operator in Romania, has made a surprise move: it launched 5G services, although it did not participate in last year’s 5G auction held by more

03.06.2023

European investment advisory firm ACP is in talks to buy Telekom Romania Mobile, and the deal is up to the approval of the relevant authorities in Bucharest, financial market sources say. more

03.03.2023

Telekom Romania Mobile, a mobile phone operator with more than 4 million customers, which is held by Germany’s Deutsche Telekom and Greece’s OTE, made an unexpected move by bringing back its more

02.23.2023

Telekom Romania Mobile on Thursday (Feb 23) said it ended 2022 with total revenue of EUR306.4 million, down 2.9% from 2021. more

08.05.2022

Telekom Romania Mobile, the former Cosmote, the fourth largest company on Romania’s mobile telephony market, a company controlled by Deutsche Telekom, Germany, and OTE, Greece, for the second more

06.06.2022

Telekom Romania Communications, the former fixed telephony monopoly Romtelecom, returned to net losses and posted lower revenue in 2021, the year it became part of France’s Orange Group, which more

04.05.2022

Telekom Romania Mobile, a unit of Deutsche Telekom, on Tuesday announced the implementation of a plan aimed at connecting its base stations to solar panels in order to replace the current power more

03.11.2022

France's Orange Group, one of the biggest players in the global communications market, has asked Greece’s OTE to lower the final price for the majority stake in former fixed-line monopoly Romtelecom more

02.28.2022

Orange, the leader of the local telecom market, has announced the start of a new phase of its integration plan with the former fixed telephony monopoly Romtelecom, after having bought the majority more

02.23.2022

Deutsche Telekom changes its logo on a group level and in all national companies operating under the T brand, company officials said in a statement. more

09.30.2021

Hellenic Telecommunications Organization SA (OTE) announced on Thursday that the sale of its 54% stake in Telekom Romania Communications SA (TKR) to Orange Romania has been successfully completed, and more

09.10.2021

Greek OTE Group announced that it finalized the acquisition of a 30% ownership stake in Telekom Romania Mobile Communications (TKRM), the former mobile telephony provider Cosmote Romania. more

08.05.2021

Greece’s OTE has officially announced the estimated cost to pay to buy the former Romtelecom stake in the former Cosmote Romania, the last hurdle for the takeover of the former fixed telephony more

08.05.2021

Telekom Romania Group on Thursday said its EBITDA (earnings before interest, taxes, depreciation, and amortization) adjusted under IFRS-16 grew 14.5% year-over-year to EUR41.4 million, in the second more

07.21.2021

Greece’s OTE group continues the sale of its Romanian assets with the sports channels of Telekom Romania, a notification to Romania’s National Audiovisual Council on Wednesday shows. more

06.04.2021

Telekom Romania Mobile Communications, the former mobile telephony operator Cosmote, reported net loss of RON647 million in 2020, up 139% from RON271 million in 2019, per finance ministry data. more

06.04.2021

Telekom Romania Communications, the fixed communications services division of Telekom Romania Group, registered a net profit of RON148.9 million in 2020, after reporting a combined net loss of over more

05.12.2021

Telekom Romania Group on Wednesday reported a 2% increase in the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) adjusted under the IFRS-16, to EUR34.5 million, on the year in more

03.22.2021

Around 97% of Romanians use smartphones and over 40% have been using their current phone for at least two years, telecom operator Telekom Romania said Monday, citing the Hootsuite Digital 2021 report. more

02.26.2021

Telekom Romania Group on Friday reported consolidated revenue of EUR951 million in 2020, down 3% compared with 2019, while its EBITDA adjusted to IFRS16 grew 6.6%, to EUR150.7 million, marking a more

11.12.2020

Telekom Romania Group reported consolidated revenue of EUR244.1 million in the third quarter of 2020, stable compared with the same period in 2019, and its mobile services client base grew 9.8%. more

11.09.2020

Greek OTE Group, held by Germany’s Deutsche Telekom, confirmed Monday morning the sale of its fixed operations in Romania to Orange Romania, leader on the local telecom market, within a transaction more