Orange Romania to acquire 54% stake in Telekom Romania Communications

Orange Romania to acquire 54% stake in Telekom Romania Communications

Orange Romania has signed a deal to acquire a 54% stake in Romanian telecommunications company Telekom Romania Communications (TKR) for €268 million from Greek technology company OTE. The remaining 46% stake in the fixed telecom operator is owned by the Romanian government. Orange Romania is a subsidiary of French telecommunications giant Orange. According to Orange, the […]