Romania Telecom Market Size (2024 - 2029)

Romania Telecom Market Analysis

The Romania Telecom Market size is estimated at USD 3.68 billion in 2024, and is expected to reach USD 3.93 billion by 2029, growing at a CAGR of 1.32% during the forecast period (2024-2029).

• Romania has established a reliable telecommunication infrastructure encompassing many services, including fixed-line telephony, mobile networks, broadband internet, and data connectivity. The infrastructure is built upon extensive fiber-optic networks and high-speed internet connectivity, facilitating seamless data transmission, voice, and multimedia content.
• According to the International Trade Association, Romania holds the sixth position among the fastest-growing countries for fixed broadband and the 43rd position among the fastest countries for mobile Internet. Key market players are launching high-speed broadband services in line with the government's push to expand broadband coverage and enhance 4G and 5G networks.
• According to Ookla Speedtest Global Index, Romania ranked 12th with a median fixed broadband download speed of 211.66 Mbps in May this year. The demand for fixed broadband services is growing significantly, creating new growth opportunities for the telecom market.
• Romania leads the region with its advanced and competitive internet infrastructure. In August 2022, the country ranked 14th globally for its average fixed broadband speed, clocking in at an impressive 123.31 Mbps. This speed was more than double the global average of 69.14 Mbps, as reported by InvestRomania. This technological rise stems from the robust internet infrastructure. Its reinforcement lies in the hands of a constantly growing pool of talented developers.
• In recent years, Romania's telecom market has witnessed notable transformations. Vodafone’s acquisition of Liberty Global's UPC Romania bolstered Vodafone Romania's position, enhancing its ability to provide bundled services. Additionally, in a strategic move, Orange Romania purchased Telekom Romania's fixed-line assets from Deutsche Telekom's OTE. This acquisition directly responded to growing competition in the fixed-line arena, notably from Digi, pressuring Telekom Romania to ramp up its fixed-line infrastructure investments.

Romania Telecom Industry Segmentation

The study provides an in-depth analysis of the telecommunication sector in Romania. 

The Romanian telecom market is segmented by services (voice services (wired and wireless), data and messaging services, OTT, and PayTV services). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.