Bulgarian businessman Spass Roussev is preparing to make an offer to Deutsche Telekom to buy OTE's subsidiary Telekom Romania, according to Capital.gr citing a statement given by Roussev to Bloomberg. Three other offers are being considered by DeTe and OTE, according to Romanian newspaper Ziarul Financiar. These were submitted by Orange, RCS&RDS, and a group of investors from the former Sovietic block. The same paper said DeTe and OTE want to sell Telekom Romania by the end of August.
Roussev controls a 46 percent stake in Vivacom, Bulgaria's largest telecom company. The news confirms OTE's intention to sell its loss making Romanian unit. Telekom Romania's press office did not respond to a request for a comment.
The first rumors about Roussev's intention to buy the Romanian operator appeared in January in the Bulgarian press. OTE denied soon after these rumours that it was in any talks with Roussev over selling Telekom Romania.
A report published in May by Romania media said Deutsche Telekom is considering selling its operation in Romania. Internal discussions about the sale of Telekom Romania intensified following government ordinance 114, the same report said.
