The Czech Republic’s PPF Group and BC Partners-owned United Media have held discussions in Bucharest on acquiring Telekom Romania.
According to Profit.ro, the talks have involved ambassadors from Germany, Greece and the US.
As previously reported by Broadband TV News, Orange and Digi (RCS&RDS) have until now been seen as the front runners to acquire a 70% in the Romanian incumbent.
However, both have expressed an interest in buying only some of its assets. In the case of Digi, this would be Telekom’s mobile network and radio licences.
In its most recent results, Telekom Romania’s parent company OTE said the Telekom had revenues of €243.5 million in the third quarter, up 7.4% on the same period last year.
PPF Group is owned by the Czech billionaire and recent agree to buy Central European Media Enterprises (CME) for around $2.1 billion.
Its current media interests include the Czech incumbent O2 and Telenor’s former CEE assets.
Meanwhile, United Group has growing portfolio of media assets in South East Europe including Serbia Broadband (SBB), Telemach Slovenia, Telemach Bosnia & Herzegovina and Tele2 Croatia.
It has also recently agreed to buy the Bulgarian incumbent Vivacom for a reported €1.2 billion.
