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OTE will not purchase the shares of the Romanian state at Romtelecom
30.05.2011, 12:29 | IT & C | 1454 views
Greek group OTE will not purchase the shares of the Romanian state at Romtelecom, a decision which came after a financial evaluation of the group in Greece and the imposition of Deutsche Telekom, a majority share holder, to accumulate cash, sources close to the transaction told Hotnews.ro. The Romanian state owns 46% of the shares of Romtelecom and Minister Valerian Vreme announced it expects to receive 1 billion euro for the package. Read more on Hotnews.ro
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