Quoted by Ekathimerini, he added that due diligence of Forthnet will soon be completed.
Zarkalis also said that Vodafone had not yet exercised its right to buy Wind-owned shares amounting to 13.25%, thereby taking Vodafone’s stake in the company from the current 6.25% to 19.25%.
Meanwhile, the Greek incumbent OTE is not expected to lodge its own bid for Nova, the pay-TV arm of Forthnet, before January.
Forthnet is currently majority owned by Emirates International Telecommunications (EIT).
It ended the third quarter with 504,441 subscribers to its pay-TV services, up 20.2% on the number a year earlier.
A change in ownership at Forthnet has been on the cards for a number of months.
As previously reported Broadband TV News, in July OTE submitted a non-binding offer for the company’s pay-TV operations.