Moldtelecom — the national telecommunication operator in Moldova. The company provides delivery of services of Internet access, the fixed wire and wireless communication, mobile communication, digital TV.
100% of stocks of the company belong to the state. The authorized capital of Moldtelecom – 984.1 million lei. The enterprise for number of subscribers possesses more than 90% of the market of fixed connection of the republic. Moldtelecom renders mobile services under the name of Unite and also in a packet of services of the company – providing Internet access and cable TV.
Performance Indicators
The profit of the Moldavian state operator of fixed connection Moldtelecom for 2016 was 72.6 million lei. At the same time revenues of the company decreased almost by 20 million lei in comparison with previous the period. The previous year income the net profit of the company was nearly 30% more.
According to the data read by the enterprise, sales returns last year made 2.2 billion lei. Expenses on distribution decreased almost by 12 million lei (194.2 million lei), and administrative expenses, on the contrary, increased from 81.7 up to 84.4 million lei.
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