OTE has agreed to sell its entire stake in Telekom Albania to the Bulgarian company Albania Telecom Invest for €50 million.
Serbia’s minister of telecommunications Rasim Lajic has insisted that Telekom Srbija’s proposed acquisition of its Albanian counterpart would not pose a theat.
The Albanian prime minister Edi Rama has said Telekom Albania will not be sold to a Serbian company.
The Serbian incumbent Telekom Srbija has confirmed that it is interested in buying its counterpart in Albania.
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 Albanian incumbent telco ALBtelecom has issued a critical statement on the rebranding of AMC to Telekom Albania earlier this month.
Albania has become the twelfth country in Deutsche Telekom’s European footprint to introduce the Telekom brand identity.