Romtelecom
Romania to approve sale of local OTE subsidiary
The Romanian government is examining the sale of OTE subsidiary Telekom Romania to French group Orange.
The Romanian landline telephony company, formerly known a Romtelecom, is a 54 percent subsidiary of Greece's OTE Group, with the Romanian state controlling 46 percent.
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PM Ponta: Romania affected by Russia sanctions, but must meet commitments
Prime Minister Victor Ponta admitted on Friday that Romania is being affected by the sanctions against Russia, but he added Romania must meet its commitments and assume the responsibility to show that nobody may change the international law.
PM Ponta: Romania a regional market where big companies confidently invest
Romania is a national and regional market where big international companies confidently invest, which is the best signal the country could get, Prime Minister Victor Ponta claimed on Friday, attending the event of rebranding Romtelecom & Cosmote Romania as Telekom Romania.