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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 with EUR12.6 million in 2022, data from Greece’s OTE, which owns the company together with Germany’s Deutsche Telekom, show. ....
Telekom Romania Mobile Sees Revenue And Profit Down In Q3 zfenglish.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zfenglish.com Daily Mail and Mail on Sunday newspapers.
Vodafone, a major player on Romania’s IT&C market, is starting to see the transformation plan launched several years ago bear fruit: revenues are rising on a declining market, and the company boasts operating results that are no longer negative, so that the British group will continue its investments. ....
Avaelgo, an IT solutions provider based in Timisoara and one of the locally relevant partners of Microsoft, has received a "significant strategic investment" from IPS Solutions, a software group headquartered in Liechtenstein, which will see the Romanian company begin an expansion process, including into new markets. ....
Autonom group, founded by brothers Marius and Dan Stefan, is readying to launch, in October, a new ridesharing service, called Blue, which will thus enter competition with players such as Uber, Bolt or Elec. ....