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Telekom Romania

From Wikipedia, the free encyclopedia

Telekom Romania
IndustryTelecommunications
PredecessorCosmote
Founded
  • Mobile: 1998 (as Cosmorom)
  • Merged: 2014 (as Telekom Romania)
HeadquartersBucharest, Romania
Key people
Dina Tsybulskaya (CEO), Andreea Cramer (CCO), Alexander Jenbar (CTIO), Florina Tănase (Chief HR, Legal & External Affairs Officer), Ruxandra Voda (Director of communications)
Productsmobile voice and data services, for residential and business customers
Revenue€950.9 million (2020)
€150.7 million (2020)
OwnersOTE ,
ParentOTE
Websitemobile.telekom.ro

Telekom Romania is the brand under which Telekom Romania Mobile Communications (formerly Cosmote) provide mobile voice and data services, for residential and business customers in Romania, since the September 2014 rebranding under the Deutsche Telekom colors.


History

Mobile communications

The mobile communications company is now Telekom Romania Mobile Communications and is 100% owned by OTE Group.

Telekom Romania is the former Cosmote, the operator which shook the Romanian telecom market in 2006 when it launched a prepaid product at an unprecedented price, gaining millions of customers in months, and reaching a peak of 6.92 million subscribers by 2009.

Cosmote was relaunched by OTE Group in late 2005 after several years of indecision following the 1998 launching of Cosmorom by Romtelecom.

In July 2005, OTE's mobile division Cosmote decided to buy 70% of shares in Cosmorom from Romtelecom, and on 6 December 2005, it was rebranded as Cosmote România (known locally as Cosmote).

On 30 June 2009, Cosmote acquired Zapp Mobile, a CDMA mobile operator with 374,000 subscribers, which also had a 3G license. Following the Zapp acquisition, Cosmote launched its 3G service.

In September 2014, it was rebranded into Telekom Romania.

In June 2017, Telekom Romania conducted the first 5G live demonstration in Bucharest, Romania and SE Europe, with Ericsson, and later that year launched Telekom Banking, in partnership with Alior Bank.

Two first marked 2019: the introduction of the first prepaid service available in retailers’ chains, with full online activation, and the launching of Smart TV product.

On March 30, 2020 Telekom Romania was the first company in Romania to host an online press conference, featuring its chief executive officer Miroslav Majoros and unveiling the company's strategy facing the coronavirus pandemic.

In February 2021 Telekom Romania became the first telecommunications company to install charging stations for electric cars. Later in the year, it launched three services: Where's My Technician, 3D preview of phones, and the Live Shop.

Acquisition of fixed operations by Orange

On July 28, 2021, The European Commission conditionally approved the acquisition of the Telekom Romania Communications by Orange, which was officially announced on November 9, 2020.[1]

On November 9, 2020, Orange and OTE announced they reached an agreement to transfer the main stake of 54.01% sharesg in Telekom Romania Communications from the Greek group to the French company, which thus acquired Telekom Romania's fixed operations.

The Romanian state made no announcement regarding its stake of 45.99% in Telekom Romania Communications. In July 2020, the European Commission conditioned the approval of the transaction on the sale by Orange of the 30% held by Telekom Romania Communications into Telekom Romania Mobile Communications, a condition fulfilled by OTE, announced on September 9, 2021, that it bought the stake from the French company.[2]

Telekom Romania Mobile Communications continues to operate as a mobile telephony operator, providing mobile telephony and internet services. The company is fully controlled by OTE Group, in which the main stake is held by Deutsche Telekom.

Shareholders

Telekom Romania Mobile Communications S.A. (mobile services):[3]

  • OTE - 99.9999994%
  • Individuals - 0.0000006%

Results

Mobile (pre-2014)

Result 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Market share 0.5% 7% 11% 23% over 23% 24% 24% 23.8% 22.9% - - - - - -
Customers (million) 0.048 1.23 3.6 5.9 6.92 6.9 6.5 6.368 6.153 6.047 5.922 5.722 5.258 5.360 4.916
Revenues 8.0 43.8 155.6 311 423.2 468.8 468.2 462.8 457.6 - - - - - -

Radio frequency summary

The following is a list of known frequencies which Telekom employs in Romania:

Frequencies used on the Telekom Romania Network
MCC MNC Frequency Band Number Protocol (Downlink/Uplink speed) Class Notes
226 03 900 MHz 8 GSM/GPRS/EDGE 2G
226 03 1800 MHz 3 GSM/GPRS/EDGE 2G
226 06 900 MHz 8 UMTS/HSPA/HSPA+ (21.6 Mbit/s/5.76 Mbit/s) 3G
226 06 2100 MHz 1 UMTS/HSPA/HSPA+/DC-HSPA+ (43.2 Mbit/s/5.76 Mbit/s) 3G
226 03 800 MHz 20 LTE (37.5 Mbit/s) 4G
226 03 900 MHz 8 LTE (37.5 Mbit/s) 4G
226 03 1800 MHz 3 LTE (150 Mbit/s/50 Mbit/s) 4G
226 03 2100 MHz 1 LTE (75 Mbit/s/37.5 Mbit/s) 4G

References

  1. ^ "Mergers: Commission approves acquisition of Telekom Romania by Orange, subject to conditions". ec.europa.eu.
  2. ^ "Announcement of Regulated Information". www.athexgroup.gr.
  3. ^ "Actionari (Shareholders)" (in Romanian). Telekom Romania. Retrieved 2018-01-16.

External links

This page was last edited on 13 October 2021, at 11:22
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