Cosmotes first-quarter revenues rise 13.3%

Cosmote, the third largest mobile telecom carrier in Romania, said its revenues for the three-month period ending March 31 increased by 13.3% year-on-year, from €101.3 million to €114.8 million.
On the other hand, the carrier’s operating profit fell 56.3% to €6.6 million from €15.1 million in the year-ago period.

As of the end of first quarter 2010, Cosmote’s total customer base in Romania reached 7.2 million, of which 21% was postpaid. In the same period of last year, Cosmote had 6.1 million customers.

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