RomTelecom expects market growth in 2009

3 Mar 2009

The general manager of RomTelecom is expecting Romania’s telecoms market to continue growing in 2009, despite the global financial crisis. Yorgos Ioannidis says some impact may be felt with low-income users struggling to retain fixed line connections, though the market will continue to increase. The total communications market in Romania grew by around 17% last year, Ioannidis says in a report from ACT Media News Agency. ‘Telecommunications are a necessity. We may feel pressure on margins from consumers, and because Romania is one of the countries with the lowest ARPU [average revenue per user], this will be difficult. Some may not be able to afford a landline phone subscription, but they will choose other ways of communicating,’ he said.