Deutsche Telekom subsidiary OTE Group disclosed negotiations over the disposal of Telekom Romania Mobile to Quantum Projects Group (QPG), a move already floated with authorities in the country.
In a statement to the Athens stock market where OTE is listed, the company revealed it had signed a Memorandum of Understanding with QPG about the latter potentially acquiring the operator’s mobile business in Romania.
OTE indicated the would-be taker for the unit was controlled by local media mogul Adrian Tomsa.
The operator group added it had “consistently strived” to improve the Romanian company’s performance over recent years, “while also exploring strategic options to secure its long term growth”.
Having signed the MoU, the pair have “filed for approval with the Romanian competent authorities”.
OTE sold its majority stake in the fixed arm of Telekom Romania to Orange in September 2021, a deal which completed ten months after being announced.
GSMA Intelligence statistics place Telekom Romania as the smallest operator in the country by connections with 3.9 million at end Q3. This ranks it behind Orange and Vodafone’s local units with 9.7 million and 8.8 million respectively, and Digi Mobil on 5.6 million.
The post OTE Group eyes Romania exit appeared first on Mobile World Live.
Commercials Cooperation Advertisements:
(1) IT Teacher IT Freelance
立刻註冊及報名電腦補習課程吧!
电子计算机 -教育 -IT 電腦班” ( IT電腦補習 ) 提供一個方便的电子计算机 教育平台, 為大家配對信息技术, 電腦 老師, IT freelance 和 programming expert. 讓大家方便地就能找到合適的電腦補習, 電腦班, 家教, 私人老師.
We are a education and information platform which you can find a IT private tutorial teacher or freelance.
Also we provide different information about information technology, Computer, programming, mobile, Android, apple, game, movie, anime, animation…
(2) ITSec
www.ITSeceu.uk
Secure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers.
ITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training.
Contact us right away.
Email (Prefer using email to contact us):
SalesExecutive@ITSec.vip