Orange Romania completes acquisition of 54 pct of Telekom Romania Communications stake
Publicat:Telecoms operator Orange Romania announced today the completion of its purchase of the 54 percent majority stake in Telekom Romania Communications (TKR) from OTE, while the remaining 46 percent of the shares stay with the Romanian state.
In a separate announcement, Greek telecommunications provider Hellenic Telecommunications Organization S.A. (OTE) informed that it has successfully completed the sale of its 54 percent stake in Telekom Romania Communications to Orange Romania, for the final price of 295.6 million euros.
"Today we write a new page not just in the history of Orange,…
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