July 11, 2014 11:46 PM ET

Wireless Telecommunication Services

Company Overview of S.A. Moldcell

Company Overview

S.A. Moldcell, a GSM operator, provides telecommunication services and products in Moldova. The company’s services include SMS, roaming for prepaid and per-second charging, WAP/Internet access, GPRS, and EDGE. It also provides Fun Store, a mobile application that enables end-users to access the latest telephony offers, news, pieces of information about Moldcell tariff plans, as well as recharge their accounts online or subscribe to services, such as weather forecast, money exchange, jokes, and aphorisms. The company was founded in 2000 and is headquartered in Chisinau, Moldova. S.A. Moldcell operates as a subsidiary of Fintur Holdings B.V.

3, Belgrad St.

Chisinau,  2060

Moldova

Founded in 2000

Fax:

373 22 20 60 90

Key Executives for S.A. Moldcell

Chief Executive Officer
General Manager
Compensation as of Fiscal Year 2014.

S.A. Moldcell Key Developments

S.A. Moldcell Announces Financial Results for the First Quarter of 2014

S.A. Moldcell announced financial results for the first quarter of 2014. For the quarter, the company's net sales in local currency increase 4.1% year-on-year to the equivalent of SEK 112 million. The growth was largely explained by a positive development in voice and data revenues. EBITDA decreased by 59.1% to SEK 16 million, and the EBITDA margin fell to 14.2% from 33.3% due to high interconnect expenses driven by mobile number portability offers and a one-off charge related to a classification error.

Moldcell Reports Sales Results for the Fiscal Year of 2013

Moldcell reported sales results for the fiscal year of 2013. For the period, the company announced a 1.1% increase in sales to MDL 890.7 million.

Moldcell Launches Fun Store Mobile Application

Moldcell launched Fun Store, a mobile application that enables end-users to access the latest telephony offers, news, pieces of information about Moldcell tariff plans, as well as recharge their accounts online or subscribe to services such as weather forecast, money exchange, jokes and aphorisms. With Fun Store, end-users can also send up to 20 web messages at no extra cost or even activate a call waiting tone. The app is available in two languages, Romanian and English, and accessing its menu is not charged.

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