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Vodafone Romania reports strong results for the quarter ended June 30, 2007

19 July 2007

In the period April 1, 2007 – June 30, 2007, Vodafone Romania registered:

  • 269,582  net additions for a total of 8.223 million customers
  • Service revenue growth of 26.8% compared to same period, last year
  • 22.1% increase in customer base, year on year

Bucharest, July 19, 2007 – Vodafone Romania announces key performance indicators for the first financial quarter, ended June 30, 2007, as reported today by Vodafone Group Plc.

Vodafone Romania registered 269,582 net additions in the first quarter of the financial year 2007 - 2008, for a total of 8.223.445 customers.  During the last 12 months, Vodafone Romania added 1,470,351 new customers, corresponding to a 22.1% growth of the customer base, year on year.
Vodafone Romania continues to register strong growth in service revenues. In the quarter ended June 30, 2007, service revenue increased by 26.8 %, as compared to same quarter last year.

"We are very pleased with our strong financial performance achieved in the past quarter. We continue to have a sustained service revenue performance, with a 26.8% growth compared to the same period last year, proving that our customers make the most of our services. In the same time, we registered a healthy enlargement of our customer base, now reaching 8.223 million users. Indicators like average revenue per user (ARPU) and contract subscriber numbers remain strong, showing that our new propositions have been embraced by an increased number of customers. Romania remains one of the top performing divisions in Vodafone Group while delivering on our commitment to become a total communications provider and the operator of choice on the local market", said Liliana Solomon, President and Chief Executive Officer Vodafone Romania.

Average revenue per user (ARPU) was US$15.7 in the quarter ended June 30, 2007, as compared to US$14.0 in the previous quarter, ended March 31, 2007, corresponding to a 12.1% increase.

Postpaid subscribers accounted for 34.1% and prepaid for 65.9% of Vodafone Romania’s total subscriber base, which shows a 4.3% increase in the number of post paid customers, as compared to previous quarter, ended March 31, 2007.

Vodafone Romania, a subsidiary of Vodafone Group Plc., had 8.223 million customers, as of June 30, 2007. Vodafone is the world’s largest international mobile telecommunications group with equity interests in 25 countries and Partner Networks in a further 38  countries. Providing a full range of mobile telecommunications services, including voice and data communications, Vodafone currently serves 232.0 million proportionate customers worldwide.