The Greek government has come up with a plan for the further privatisation of the incumbent telco OTE.
Telekom Romania saw its TV subscriber base grow by 2.5% in the year to March 31.
OTE’s pay-TV business reached break-even on a standalone basis last year, while its subsidiary Telekom Romania continued to operate in challenging conditions.
The Greek incumbent OTE will continue with its current investment plan, according to Michael Tsamaz, its chairman and CEO.
Magyar Telekom now has close to one million TV subscribers in its home market.
Telekom Romania’s combined TV subscriber total grew by 2.7% in the year to June 30.
The Greek incumbent OTE has renewed rights to continue broadcasting Formula 1 and Italy’s Serie A until 2017 and 2018 respectively.
TV services provided a welcome boost to OTE’s performance both in its home market Greece and in neighbouring Romania in the first quarter.
Greece’s OTE is understood to be in talks to buy the Albanian incumbent telco Albtelecom.
Greek operator OTE has selected the Eutelsat Ka-Sat broadband satellite to extend high-speed Internet availability across Greece.