Mixed results for Romtelecom

By Chris Dziadul
November 5, 2009 11.13 UK

The Romanian DTH platform Dolce ended Q3 with over 831,000 subscribers, or 49% more than a year earlier.

However its operator Romtelecom, which is backed by Greece’s OTE, saw its revenues fall by 6.2% year-on-year in Q3 to €200.7 million, with its OIBDA also falling to 67% (-6.8%) and loss rising from €1.7 million to €8 million over the same period.

Romtelecom plans to shortly launch an IPTV service.