Mobile telephony operator Cosmote has doubled the number of users in less than one year and a half, standing at 6 million at present.
In 2008, Cosmote maintained the position of leader in the segment of new acquisitions of customers with a market share in the field accounting for 48 percent. Cosmote reported over 2.2 million new users, being the company which received the biggest number of new customers following the service of portability.
'Cosmote has exceeded the threshold of 6 million customers in record time due to our constant efforts of expansion and improvement of the network, thanks to the relevant products released and the expansion of the network of sales. Since the official release in Romania , Comsote has constantly innovated the telecom market to the consumers' benefit,' said Cosmote CEO, Stefanos Theocharopoulos.
Comsote's strategy in 2009 will focus on providing quality services and extending the network of users. Comsote will also release new products and services for all the categories: prepaid, postpaid and corporate.
In 2008, Cosmote Romania reported revenues worth 311 million euros and EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) worth 22.5 million euros.
The market share was of 23 percent, alongside a base of users of some 5.9 million, up 63 percent in 2008 compared to 2007.
Last year, Cosmote won over 470,000 new subscribers, reaching in total over 1.1 million. As regards the prepaid segment, the position of leader has maintained by the rise with over 1.89 users, up to 4.78 million.
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