OTE makes play for Forthnet Greece

Greece's Forthnet is in demand

The battle for control of Greece’s leading alternative fixed line operator continues apace, with OTE joining the fray on Tuesday. The Greek carrier launched a bid of between €250-300m on a debt-free cash-free basis for the pay TV operation, Nova, which is owned by Forthnet.

Telenor to enter Bulgaria

Telenor has agreed to acquire Bulgarian mobile operator Globul from Greek operator group OTE

Norwegian operator group Telenor has agreed to acquire Bulgarian mobile operator Globul from Greek operator group OTE. Telenor will pay €717m for the business as it looks to expand its presence in Central and Eastern Europe.

The golden years


The Informer imagines the walls of Greek operator OTE’s headquarters to be decked at present with soft focus posters extolling the various virtues of gardening, fishing, woodland walks and home baking. All those hobbies you never had time for during your working life but no doubt aim to enjoy once retirement comes around.

Greece’s OTE encourages employees to retire early

OTE is eyeing 1,800 voluntary retirements

Greece’s largest operator OTE has announced it is embarking on a programme of voluntary retirement. OTE’s Board of Directors has approved a scheme to begin talks with labour unions to encourage employees who are close to their retirement age to leave the firm.

Serbian government extends bid deadline for national telco

The Serbian government has given Telekom Austria until May 3rd to improve on its offer for Telekom Serbjia

The Serbian government has given the sole bidder in its Telekom Srbjia sell-off 15 days to improve its offer. A fortnight ago, it emerged that Telekom Austria AG’s offer of €800-950m for the mostly-state-owned telco was the only bid received. The Serbian government, which owns 80 per cent of the telco, was hoping to attract offers in excess of €1.4bn for a 51 per cent stake in the company.

Cosmofon sold to Telekom Slovenije

Cosmofon sold to Telekom Slovenije

Slovenian carrier Telekom Slovenije has beaten Turkcell to the punch, snapping up Macedonian mobile operator Cosmofon for Eur190m.

Turkcell offers to buy Cosmofon

Turkcell eyes up Macedonia

Turkish operator Turkcell said Friday that it has made a binding offer for Macedonian mobile operator Cosmofon.