11.16.2023

Deutsche Telekom (Germany) and OTE (Greece) have signed an agreement to sell Telekom Mobile Romania to Clever Media Network, a group controlled by entrepreneur Adrian Tomsa, which owns Prima TV and more

03.11.2022

France's Orange Group, one of the biggest players in the global communications market, has asked Greece’s OTE to lower the final price for the majority stake in former fixed-line monopoly Romtelecom more

09.30.2021

Hellenic Telecommunications Organization SA (OTE) announced on Thursday that the sale of its 54% stake in Telekom Romania Communications SA (TKR) to Orange Romania has been successfully completed, and more

09.10.2021

Greek OTE Group announced that it finalized the acquisition of a 30% ownership stake in Telekom Romania Mobile Communications (TKRM), the former mobile telephony provider Cosmote Romania. more

08.05.2021

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 telephony more

07.21.2021

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. more

11.09.2020

Greek OTE Group, held by Germany’s Deutsche Telekom, confirmed Monday morning the sale of its fixed operations in Romania to Orange Romania, leader on the local telecom market, within a transaction more

06.21.2019

Greek-held OTE, the majority shareholder of Telekom Romania, has hired investment bank Barclays to start looking for a buyer for the local telecommunications group, telecom industry sources told ZF. more

06.20.2019

Greek group OTE, the main shareholder of Telekom Romania, decided in April to inject EUR800 million to the share capital of the mobile telephony division, the former Cosmote Romania, by issuing new more

05.02.2014

Cosmote, the third leading mobile phone operator in Romania and Romtelecom, the landline telephony market leader and number two on the fixed Internet and TV market, will operate under the T-Mobile and more

04.10.2014

Shareholders of Greek telecom group OTE will meet on April 30 to approve a license agreement with German telecom giant Deutsche Telekom by which Romtelecom and Cosmote Romania will have the right to more

03.10.2014

Greece’s OTE group, owner of Cosmote and Romtelecom, will invest EUR500 million in 2014, some of which directed to 4G and fiber optic networks in Romania, Michael Tsamaz, OTE chairman, chief more

11.07.2013

Greek OTE group and the representatives of Romania’s Ministry of Communications and Information Society at the end of August discussed about the use of the EU70 million net profit Romtelecom made more

03.26.2013

The Romanian telecom market is one of the toughest in Europe, but it has a potential to grow and Michael Tsamaz, CEO and Chairman of OTE & Cosmote Greece, says for him it is a “personal bet” for more

03.13.2012

Telecom operators Vodafone, Orange and OTE have so far invested about EUR8 billion in developing their Romanian subsidiaries, and announced they will continue investments once telecom regulator ANCOM more

12.01.2011

The mobile telephony unit of the Greek OTE group saw its revenue on the Romanian market go up in the third quarter of this year, unlike the other operators, as a result of the changes in its pricing more

09.07.2011

The group of companies held by Greek-owned OTE and its German parent Deutsche Telekom in Romania last year remained the most powerful telecom pole on the local market as regards the sales value, with more

08.05.2011

Romtelecom, a major domestic communications operator, sealed acquisitions worth EUR40 million in the first half of this year, with the takeover of the satellite TV unit of Digital Cable Systems (AKTA) more

07.01.2011

Telecom operator Romtelecom will float stock on the Bucharest bourse within 12 months, and consultants will be selected by September 1, Friday said communications minister Valerian Vreme. more

06.30.2011

The creation of a new no. 1 on the Romanian telecommunications market, a giant with EUR1.2 billion in turnover and 11.34 million clients of telephony, Internet and television services, which also more

06.29.2011

During his almost four year and a half term (February 2007-June 2011), Greek Yorgos Ioannidis has managed to halt the strong decline of landline telephony, Romtelecom's main source of revenue and more

06.24.2011

Romanian Communications Minister Valerian Vreme will meet next week with representatives of Greek group OTE, majority shareholder of telecom operator Romtelecom, for talks on the calendar for the more

05.30.2011

Greek telecom company OTE has decided not to buy out the remaining 46% stake in Romanian hard line telephony operator Romtelecom, IT&C Minister Valerian Vreme said Monday. more

05.26.2011

The government has not made the decision to list Romtelecom shares on the stock exchange yet because he is waiting to see what Greek group OTE will answer this week to Romanian authorities’ question more

05.18.2011

Romanian IT&C minister Valerian Vreme on Wednesday said Greek OTE will decide on a buyout offer for the state’s remaining 46% in hard line telephony operator Romtelecom by the end of next week. more