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OTE Announces Cost to Clear Last Hurdle in Orange’s Takeover of Telekom Romania Fixed Operations
Greece’s OTE has officially announced the estimated cost to pay to buy the former Romtelecom stake in the former Cosmote Romania, the last hurdle for the takeover of the former fixed telepho...
OTE Sells One More Piece of Telekom Romania: Its Sports TV Channels
Greece’s OTE group continues the sale of its Romanian assets with the sports channels of Telekom Romania, a notification to Romania’s National Audiovisual Council on Wednesday shows.
Telekom Romania Group Posts Stable Revenue in 3Q/2020, at EUR244M
Telekom Romania Group reported consolidated revenue of EUR244.1 million in the third quarter of 2020, stable compared with the same period in 2019, and its mobile services client base grew 9...
EUR500M Deal: Orange Buys Telekom’s Fixed Service Business in Romania
The deal European giants Deutsche Telekom and Orange have been negotiating over consolidation of their operations in Romania is one step away from an official announcement: Romtelecom, the f...
Telekom Romania Consolidated Revenue Up 5% in 2019, to EUR980M
Telekom Romania posted consolidated revenues of EUR980 million in 2019, up 5% on the year, and its EBITDA also grew 5%, to EUR144 million, the company said in a statement.
RCS&RDS Boss: We’ve Caught Up with Romtelecom Or Even Overtaken It in Terms of Network Size in 25 Years
Cable TV service provider RCS&RDS Digi, the leading actor on the local fixed Internet and cable TV markets with a share of more than 50%, has developed an infrastructure equal or greater to...
United Group Becomes Competitor of Orange and Digi for Telekom Romania
Telecommunications group United Group, which has operations in seven countries in the region, is held by US-UK private equity firm BC Partners and has just signed the deal to take over Vivac...
Difficult Exit for Deutsche Telekom From Romania As Orange and Digi Only Want Parts of Its Local Business
Germany’s Deutsche Telekom, one of the largest global actors on the telecom industry, is facing a longer drawn-out exit process in Romania than it would have liked, because the main entities...
Telekom Romania Revenue Declines 2.8% in 2Q, to EUR231.2M
Telekom Romania group posted consolidated revenues of EUR231.2 million in the second quarter, down 2.8% on the year on lower mobile phone sales, and an adjusted EBITDA of EUR29.8 million, th...