Deutsche Telekom and its Greek subsidiary OTE are reportedly seeking a buyer for their mobile operations in Romania.
Quoting unnamed sources, Ziarul Financiar says that they are targeting regional players in the telecom industry and investment funds. It adds that earlier this year they resumed efforts to sell the assets, employing a dedicated M&A team submitting presentation documents to potential buyers.
As previously reported by Broadband TV News, last October Orange completed the acquisition of a controlling (54%) stake in Telekom Romania’s fixed line business from OTE in a deal worth €296 million.
