Roussev in talks with Deutsche Telekom to buy Telekom Romania - report

News General Eastern Europe 18 JAN 2019
Roussev in talks with Deutsche Telekom to buy Telekom Romania - report

Bulgarian businessman Spas Roussev is in talks with Deutsche Telekom to buy its subsidiary OTE's Romanian telecoms unit Telekom Romania together with a partner, according to Bulgarian publication capital.bg. Roussev has just bought Telekom Albania from OTE together with an Albania-Bulgarian investor Elvin Guri for EUR 50 million. Talks to buy OTE's Macedonian unit will be held later on with DeTe, Roussev said.

Roussev said the deal is just the beginning of his regional expansion. He added the Telekom Albania's acquisition is his first step towards his attempt to consolidate the Balkan telecom market. 

Categories:

General

Companies:

OTE,  Deutsche Telekom,  Telekom Romania,  Telekom Albania

Regions:

Eastern Europe

Countries:

Albania,  Bulgaria,  Romania

Tags:

Wireline, Wireless, M&A buyouts & divestments

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