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Moldtelecom's net profit in 2021 reached 91.53 million lei, up 6.4% compared to 2020 (86.02 million lei).

Moldtelecom's net profit in 2021 reached 91.53 million lei, up 6.4% compared to 2020 (86.02 million lei).

This is stated in the published annual financial statements of the company. According to the documents, the annual revenue of Moldtelecom increased by 1.9%, from 1 billion 573 million 403 thousand to 1 billion 603 million 258 thousand lei, while cost of sales rose by 0.7%, from 1 billion 266 million 209 thousand to 1 billion 274 million 674 thousand lei. Administrative expenses increased by 5.6% - from 52.81 million to 55.75 million lei. EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) decreased by 0.8% - from 864.2 million lei in 2020 to 857 million lei in 2021. According to the company's report, the income of Moldtelecom from fixed telephony services in 2021 amounted to 311.9 million lei (-15.6% against 2020), from mobile telephony - 281.02 million lei (+13%), fixed internet and IPTV - 979.05 million lei (+5.7%). The statutory capital of the company is 1 billion 015 million 120 thousand lei. Moldtelecom is the national operator of fixed telephony. The company also provides mobile communication services under the brand Unite, as well as Internet and cable television access services. The company is 100% state-owned. // 26.05.2022 - InfoMarket.

News on the subject

The government approved the regulation of the electronic platform for the implementation of the Program for the direct sale of government securities to individuals in Moldova.
The government approved the regulation of the electronic platform for the implementation of the Program for the direct sale of government securities to individuals in Moldova.
Moldova: Total sales of cell phone providers in 2021, compared to 2020, decreased by 0.9% to 2 billion 899.1 million lei.
Moldova: Total sales of cell phone providers in 2021, compared to 2020, decreased by 0.9% to 2 billion 899.1 million lei.
In Moldova, the revenue of mobile telephony operators in 2021 amounted to 2 billion 899 million lei and decreased by 0.9% compared to 2020.
In Moldova, the revenue of mobile telephony operators in 2021 amounted to 2 billion 899 million lei and decreased by 0.9% compared to 2020.
60 million lei will be allocated for the implementation of the new Program for the digitization of the work of small and medium-sized enterprises in Moldova.
60 million lei will be allocated for the implementation of the new Program for the digitization of the work of small and medium-sized enterprises in Moldova.
Moldova and Romania will sign an intergovernmental agreement to reduce tariffs for roaming services and international calls between the two countries.
Moldova and Romania will sign an intergovernmental agreement to reduce tariffs for roaming services and international calls between the two countries.
In the transition to a digital economy, an important advantage is the developed IT industry of Moldova, whose contribution to the formation of GDP is 3.5% - Sergiu Gaibu.
In the transition to a digital economy, an important advantage is the developed IT industry of Moldova, whose contribution to the formation of GDP is 3.5% - Sergiu Gaibu.