OTE
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Greek operator OTE – 50% owned by Deutsche Telekom – is to raise a total of €150 million in a low-interest loan from the European Union (EU) and the European Bank for Reconstruction and Development (EBRD).
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OTE, the Greek incumbent largely controlled by Deutsche Telekom, is planning to spend €3 billion over the next five years delivering fibre to three million households.
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Four of the eight sites that will be used to manage Luxembourg-based SES’s new fleet of satellites will be co-located with Microsoft Azure data centres.
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Swisscom has switched off its 2G mobile services after 28 years — but Greece’s Cosmote has gone one better and said it will switch off 3G by the end of 2021.
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Orange has finally succeeded in buying a controlling stake in fixed operator Telekom Romania – formerly Romtelecom – after more than a year of negotiations.
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Orange and Deutsche Telekom are waiting on the Romanian government to decide the future of the fixed-line operations of Telekom Romania.
Forthcoming events
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The government of Romania has approved the sale of the former Romtelecom to Orange, according to reports from the country.
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Greek operator OTE has denied reports that it is negotiating to sell its interest in Telekom Romania to a Bulgarian businessman.