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Cosmote closed 2007 with 3.6 million users

Publicat la 19.03.2008, 11:20:00

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Cosmote closed 2007 with 3.6 million users

The company’s total incomes increased in 2007 by over 255.5 percent, reaching €155.6 million, compared to €43.8 mln in 2006. Cosmote posted €50 mln in incomes for the last quarter of 2007.

Some 800,000 new users joined Cosmote in October-December 2007, of which 23 percent are subscribers. The results are due to the strategy and a superior GSM coverage than that of the competition.

Cosmote invested over €201 mln to ensure quality services. The company covers 98.2 percent of Romania’s population and 87.5 percent of the territory.

Cosmote’s competitors are Orange with 10 mln users and Vodafone with 8.8 mln users. The fourth operator on the market, Zapp, has 500,000 users.

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