Telekom Romania Mobile, an indirect subsidiary of Deutsche Telekom, said on Thursday its earnings before interest, taxes, depreciation and amortisation (EB
BUCHAREST (Romania), May 12 (SeeNews) - Telekom Romania Mobile, a subsidiary of Deutsche Telekom, said on Thursday its EBITDA (Earnings Before Interest, Ta
Telekom Romania Mobile, a unit of Deutsche Telekom, plans to double the number of its base stations using solar panels this year, aiming to reduce its carb
Telekom Romania s adjusted Q1 EBITDA rises 2.1 y/y Romania
BUCHAREST (Romania), May 12 (SeeNews) - Telekom Romania said on Wednesday that its adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) in the first quarter rose 2.1% year-on-year to 34.5 million euro ($41.9 million), despite lower revenues.
An important driver of the company’s sustained EBITDA and cash flow growth is the successful and comprehensive cost transformation programme, which was initiated in the second half of 2018 and continues to generate significant improvements in its cost base, Telekom Romania said in a press release.
Compared to the same period a year ago, the company reduced its indirect costs by 9% as a result of structural improvements.