Romania remains challenging for OTE despite an improved performance in its home market Greece.
Michael Tsamaz is to stay on as chairman and chief executive of Greece’s OTE until June 2021.
BBC Earth will make its debut in Greece on OTE’s pay-TV service Cosmote TV on October 1.
Greece’s Cosmote TV will not renew its cooperation with Discovery Group as discussions between the two parties have not led to a mutually acceptable agreement.
The Greek pay-TV market has suffered a rare loss in subscriber numbers, with 15,000 fewer customers at the end of the first half than six months earlier.
Telekom Romania’s TV subscriber total as the end of Q2 was virtually unchanged on a year at 1,470,692 (+0.6%), as was its broadband customer base at 1,185,687 (-0.7%).
OTE-backed Telekom Romania ended the first quarter with 1,457,269 subscribers to its TV services, a 0.6% increase on the same period last year.
Greece’s privatisation agency TAIPED has announced that it is seeking a financial advisor for the sale of a 5% stake in the incumbent telco OTE.
OTE-backed Telekom Romania saw its TV (DTH, IPTV and cable) subscriber total grow by 0.8% to 1,464,283 in 2016.
Representatives of OTE, Deutsche Telekom and the Ministry of Communications and Information Society (MCSI) have met in Bucharest to discuss Telekom Romania’s business plan and budget for the period 2017-2021.