BUCHAREST (Romania), February 21 (SeeNews) - Orange Romania said on Thursday its revenues rose 5% year-on-year in 2018, reaching 1.125 billion euro ($1.28 billion), driven by growth of fixed-mobile services and higher mobile data consumption.
Mobile Internet traffic surged by 70% in 2018, sustained by constant investment in network expansion and service quality maintenance, Orange Romania, a unit of France Telecom's Internet and mobile arm Orange, said in an interim financial report.
The operator's 4G network covers 96.9% of Romania's population.
TV services provided by Orange Romania had 503,000 customers at the end of December, a 27% increase year-on-year. Fixed broadband services had 287,000 customers at the end of 2018, up 53% on the year.
"In 2019, we remain committed to continuing to innovate and invest in infrastructure, in the development of the economy - by supporting the growth efforts of startups and large companies alike and of generations through digital education programmes," Orange Romania CEO, Liudmila Climoc, said in a statement on Thursday.
Orange Romania had 10.763 million customers at the end of December, up 1.3% on the year.
In the fourth quarter alone, Orange Romania revenues increased by an annual 1.8% to 292 million euro.
Romania’s market of just over 20 million people is served by five mobile operators - Orange Romania; Telekom Romania, former Cosmote Romania; RCS&RDS; Vodafone Romania; and insolvent 2K Telecom.
At the group level, Orange posted revenues of 41.4 billion euro in 2018, up 1.3% on the year.
($ = 0.8819 euro)