Deutsche Telekom
German telcom learns from media Rama's up in its business
Belgrade-based daily Politika writes this on Thursday.
Namely, Albanian Prime Minister Edi Rama said two days ago that while Serbian companies are "welcome to Albania" - this is not true when it comes to "a strategic sector like telecommunications."
Serbian telecom bids for OTE's Albanian subsidiary
Serbia's state-run Telekom Srbija has made an offer to acquire Telekom Albania as it looks to expand in the Balkans, the Belgrade-based Vecernje Novosti reported on Monday, citing sources.
Telekom Albania has a 39 percent market share in Albania's telecommunications sector and is 99.79 percent owned by Greece's OTE.
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Türk Telekom receives approval for transfer of majority share to banks
The transfer of a majority stake of Türk Telekom to a joint venture of creditor banks has been approved by Turkey's communication authority.
OTE core profit grows in second quarter
Greece's biggest telecoms operator OTE said on Thursday its second-quarter core profit rose by 1.6 percent, helped by a recovery in its home market.
The company, which is 45 percent owned and managed by Germany's Deutsche Telekom, reported EBITDA of 319 million euros compared to 313.9 million euros in the same quarter a year earlier.
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JP Morgan raises outlook for OTE share price
JP Morgan has raised its target price for OTE telecom shares to 14.1 euros, expecting the Deutsche Telekom-owned company to expand further in the domestic market by adding to its broadband connection market share.
On Wednesday OTE's share price on the Athens stock market ended at 10.75 euros.
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Cosmote named fastest mobile network in Greece
Cosmote has been named the fastest network for mobile internet in Greece again this year, taking the title for "Greece's Fastest Mobile Network 2018" in the SpeedTest Awards presented by Ookla, a global leader in internet testing and analysis.
The Cosmote mobile network's download speed is 68 percent faster than the second-placed provider.
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Bulgaria's Allterco Robotics Joins Deutsche Telekom's Startup Innovation Programme
SOFIA (Bulgaria), July 17 (SeeNews) - Bulgarian IoT company Allterco Robotics, a wholly-owned subsidiary of telecommunications services provider Allterco [BUL:A4L] said on Tuesday it has joined Deutsche Telekom's Hub:raum programme for mentoring startups with innovative business ideas.
OTE raises 400 mln via four-year bond issue
OTE, Greece's biggest telecoms operator, said it raised 400 million euros from a four-year bond issue.
It completed the note issue on Wednesday via a bookbuilding process and said it was oversubscribed by about five times.
The coupon was set at 2.375 percent, the lowest that OTE has achieved in the last decade, it said in a statement on Thursday.
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Greece sells stake in telecoms operator OTE to Deutsche Telekom
Greece concluded on Wednesday the sale of a 5 percent stake in its biggest telecoms operator OTE to Germany's Deutsche Telekom for 284 million euros, ($329.50 million) the privatizations agency said.
The sale was agreed under Greece's third international bailout.
OTE telecom Q1 core profit grows
Greece's biggest telecoms operator OTE posted a 3.6 percent rise in first-quarter core profit on Wednesday thanks to a recovery in its home market.
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