
OTE agrees licence for DT brands in Romania

Shareholders of OTE have approved an agreement for its subsidiaries Romtelecom and Cosmote Romania to take a licence to use parent Deutsche Telekom's branding. This is the latest confirmation that the Romanian companies will adopt the T-Mobile and T brands of the German company. At the EGM, the almost 70 percent of OTE shareholders present did not approve a proportional reduction in executive remuneration, as part of the medium-term incentive plan.
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