o Numerous initiatives to bolster future performance · Greece back to revenue growth, up 2.9% in Q4 o Mobile service revenue trends improving sequentially o Fixed retail positive on sharp broadband growth, fueled by fiber o Resilient Adj. EBITDA (AL) at €300mn, down 0.8% · Romania Mobile Q4 performance impacted by unfavorable comparable base and adjustments; strong FY Adj. EBITDA (AL), up 34% · Group FY FCF ahead of guidance at €413mn, Adj. Capex in line · Strategic transformation initiatives completed-VES and spin-off of frontline operations · 5G commercial launch following successful spectrum auction in December 2020 · UEFA Champions League and Europa League TV rights renewed for 2021-2024 · 20% increase in shareholder return for 2021, at €480mn
Virtual Mobile Operator Benefito Mobile Targets EUR 150,000 on SeedBlink
Mihai Cristea 22/01/2021 | 15:59
Benefito Mobile, a virtual mobile operator (MVNO), targets 150,000 euros on SeedBlink, the largest crowdfunding platform for tech companies in Southeast Europe. The listing of Benefito Mobile, a service launched by two of the most reputable specialists in Romanian telecom, will take place on Tuesday, January 26.
In exchange for this funding, the founders of Benefito Mobile will sell 10,000 shares representing 5.3% of the capital.
The investment will finance the launch in the second quarter of 2021 of the first prepaid card in Romania through which customers receive mobile credit when purchasing products and services.