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Telekom Romania Communications SA (Romania)

Main Activities: Telecommunications | Wired Telecommunications Carriers
Full name: Telekom Romania Communications SA Profile Updated: May 22, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Romanian Download a sample report

Telekom Romania, formerly known as Romtelecom and Cosmote România, is a Romanian telecommunications company headquartered in Bucharest. It is the result of the brand merger between the formerly Greek-owned telecommunications companies of Romtelecom and Cosmote. In September 2014, in order to reflect the changes, Romtelecom and Cosmote România changed their respective legal names to Telekom Romania Communications SA (replacing Romtelecom SA) and Telekom Romania Mobile Communications SA (replacing Cosmote Romanian Mobile Telecommunications SA). The company launched on the Romanian mobile telephony market in 1998 as Cosmorom. In 2005, Cosmorom was rebranded as Cosmote România. At the end of 2013, Cosmote România had 6.1 million customers, of which 25.9% were subscribers and the rest were users of prepaid services.

Headquarters
Piata Presei Libere Nr. 3-5
Bucharest; Bucharest;

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Website: http://www.romtelecom.ro

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 11, 1997
Key Executives
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Administrator
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Administrator
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Administrator
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Administrator
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Administrator
Ownership Details
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54.0103%
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45.9897%
Subsidiaries
Nextgen Communications SRL
100%
Telekom Romania Mobile Communications SA
30.0001%
Company Performance
Financial values in the chart are available after Telekom Romania Communications SA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
-2.94%
Total operating revenue
1.07%
Operating profit (EBIT)
87.42%
EBITDA
N/A
Net Profit (Loss) for the Period
87.01%
Total assets
-3.31%
Total equity
-5.07%
Operating Profit Margin (ROS)
27.82%
Net Profit Margin
30.2%
Return on Equity (ROE)
33.72%
Quick Ratio
-0.2%
Cash Ratio
-0.1%

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