Vodafone Romania reports 31% growth in revenues

Vodafone Romania’s service revenue increased by 31% to 630.5 million US dollars, over the first half of the 2006-2007 fiscal year, which concluded on September 30.
The company has also reported that the number of its customers rose by 29% over the period, to 7.15 million.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 28%, to 322.6 million dollars in April-September, against the corresponding period of last year, reads a press release issued by the company.
EBITDA amounted to 172.8 million dollars over the July-September quarter.
Furthermore, the press release also reveals that the company recorded an EBITDA margin of 49.2% during the first half of the fiscal year, which concluded in September 2006, and 50% over the last quarter.
The company has reported that, during this period, Vodafone Romania increased its customer base to a total of 7.155 million people, adding 771,571 new clients since late March, and a further 420,323 customers in the July-September quarter.
Prepaid card users account for 66.4% of the company’s subscribers.
The average monthly revenue per user (ARPU) amounted to 15.92 dollars over the July-September period, 4.9% higher as compared to the previous quarter.
Vodafone Romania subscribers totalled 3.932 million minutes in calls over the first fiscal half year, registering 2.059 million minutes over the July-September period.
Vodafone’s main competitor on the domestic mobile telephony market is Orange Romania whose customer base numbered 7.493 million clients in late September.
Vodafone is the world’s largest mobile telephony operator, with equity interests in 27 countries and serving 191.6 million customers worldwide.