MONTREAL-Telesystem International Wireless Inc. announced its Global System for Mobile communications subsidiary in Romania, named MobiFon S.A., surpassed the 500,000 subscribers mark after only 28 months of commercial operations.
MobiFon also is the first mobile operator in Romania to launch an Internet service provider offering.
“Through innovative marketing, MobiFon has built a strong market presence and brand awareness. It also has established a sound financial base with a growing EBITDA,” said Bruno Ducharme, chairman and chief executive officer of Telesystem International. “MobiFon is now in a position to extend its offer to include ISP services.”
