The Romanian incumbent plans to lay off nearly 12% of its workforce.
Deutsche Telekom-backed OTE is set to receive up top four bids for its majority stake in Telekom Romania.
Greece’s OTE has asked companies interested in acquiring Telekom Romania to put indicative bids on the table.
Telekom Romania has entered into a partnership with Blue Air, the country’s leading airline in terms of passenger numbers.
The Greek telco OTE is preparing to sell its stake in Telekom Romania.
Telekom Romania posted the highest net losses and largest debts among the country’s leading telcos in 2018.
AMC Networks International – Central and Northern Europe (AMCNI – CNE) has renewed a distribution agreement for Minimax with Telekom Romania.
Telekom Romania had total revenues of €216.6 million in Q1, down 4.4% on the corresponding period last year.
Telekom Romania has announced price increases that will come into effect on April 15.
Telekom Romania saw a 9% year-on-year fall in its revenues in Q4 2018.