Moldtelecom Sales in 2009 Totaled 2,4 bln Leis
OREANDA-NEWS. March 15, 2010. The company’s sales of different services reduced last year being characteristic for the whole Moldovan economy, it was informed at the enterprise’s press service. To keep the profit, Moldtelecom JSC took measures to optimize the costs.
The profit from the operational activity of the company in 2009 totaled 384 million leis (\\$30.3 million), up 3% against that in 2008. The enterprise managed to keep the profitability on the level of 2008. The financial state of the company is stable. Net current assets total 278 million leis, while the liquidity level is within the norm.
Moldtelecom plans that sales will grow by 4% in 2010 in comparison with 2009 – to 2.5 billion leis. It is also planned to keep the profit on the level of the year of 2009. Moldtelecom provides the whole rate of services existing in the electric communication services market. By the end of 2009, the total number of subscribers was 1 million 344.3 thousand, including: fixed communication – 1 million 110.3 thousand subscribers, mobile communication – 101 thousand, Internet – 133.2 thousand. In 2009, the enterprise managed to keep its market positions in the fixed communication and wide-bank access to the Internet – 97.6% and 72.7%, respectively.
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