“Following negotiations with (Romtelecom majority holder OTE) we have set up a clear calendar for the listing of Romtelecom. We will float some or all share owned by the state in the company. (…) OTE does not intend to sell any shares at this time,” Vreme said.
Romtelecom is the largest local operator of fixed telephony, owned by Greek group OTE – 54.01% and the Communications Ministry – 45.99%.