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Telekom Romania ups prices

Deutsche Telekom’s Romanian business, Telekom Romania, has announced a blanked price increase across all of its services.

Across its fixed and mobile services, prices will rise by RON2 (€0.42) per month as part of what the company says is “the need to remain economically viable.”

This is the third such price increase from the operator in the space of less than 12 months.

As quoted by Ziarul Financier, a spokesperson said: “In the context of increasing costs related to the communications services, as well as to further ensure economic viability, Telekom Romania needs to change the conditions for the provision of electronic communications services and to increase some of the fees for the communications services in its portfolio. This change is also influenced by the higher costs in all business sectors, in the current economic landscape.”

Deutsche Telekom has started 2020 in Romania in a similar fashion to how it spent 2019 – seeking a buyer for Telekom Romania.

In September, the operator received formal approval from the Romanian government to sell its stake in Telekom Romania to Orange, but the parties still remained in negotiations up to the end of December.

The Romanian government, led by Prime Minister Ludovic Orban, owns 45.99% of Telekom Romania, though the planned removal of governance ordinance 114 – which will increase telecom regulatory fees and is promised to raise around €100 million per year – is a large reason behind Deutsche Telekom’s decision to exit the market.