“The mobile phone market, which contributed two thirds to the market value, makes up the largest segment in Romanian telecom and will continue to increase in 2008. By contrast, the landline phone market decreased last year, mainly due to mobile phone popularity and an increase in Voice over Internet Phone (VoIP) services,” shows the report.
PMR analyst Ovidiu Oancia, the report’s author, valuates the Romanian mobile phone market at €2.66 billion in 2007, the landline phone market at €1.15 bln, and €300 million for internet services, the latter up 25 percent last year.
Orange mobile phone company posted turnover of €1.23 bln and Cosmote €150 million. Vodafone will announce its results next week, while Zapp will post results on the Ministry of Economy and Finances website.
