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General

Telekom Romania FY EBITDA up nearly 7% on cost reductions, revenue down 3%

Friday 26 February 2021 | 11:37 CET | News
Telekom Romania said it improved EBITDA after leases by 6.6 percent in 2020 to EUR 150.7 million, its second consecutive year of growth. It also returned to positive cash flow, as cost efficiency efforts helped offset the negative impact of the pandemic. Revenues fell 3.0 percent to EUR 950.9 million, hurt by reduced roaming and the cut in mobile termination rates. 

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Categories: General
Companies: Telekom Romania
Countries: Romania
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