Vodafone Romania’s revenue increase by two percent in Q4 2019, customer base reached 11 million
Vodafone Romania announces its total revenue for Q4 2019 increased by two percent compared to the same period of last year. Consolidated total customer base reached 11 million customers.
Mobile ARPU (average revenue per user) for the year ended December 31st, 2019 was 5.1 Euro. Following the acquisition of UPC Romania starting with 31st of July 2019, the results for this quarter include also the reported figures of UPC Romania.
Murielle Lorilloux, CEO Vodafone Romania, stated: “In the past quarter, we have continued to invest in our networks and launched new and enriched mobile and fixed and TV offers for all our customers. They can now enjoy, as a result of our commitment to provide innovative technologies like 4K, a complete portfolio of sports competition within UPC packages and Vodafone TV. We will continue the integration process as we will soon finalize the legal merger of the two companies and will become one entity, step that will allow us to further strengthen our fixed-mobile capability. Moreover, we will continue to engage with the authorities to ensure the right balance in terms of security, coverage and investments for supporting the digitalization of the Romanian society, while looking carefully at the conditions of the market in order to have a good and healthy competition.”