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Latest Satellite News Discussion, Info Telekom to up OTE stake at General Satellite News forum; Telekom to up OTE stake By Chris Dziadul | April 22, 2009 Deutsche Telekom is set to increase its stake ...

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Info Telekom to up OTE stake - 22-April-2009, 10:20

Telekom to up OTE stake

By Chris Dziadul | April 22, 2009

Deutsche Telekom is set to increase its stake in the Greek incumbent telco OTE.

According to ZF, it will acquire an additional 5% from the Greek state, with shares valued at 27.5 each, bringing its total to 30% plus one share.

OTEs interests extend to neighbouring Romania, where it has a stake in Romtelecom, the operator of Dolce, one of the countrys five DTH platforms.

Within Greece itself, it is preparing to launch an IPTV service, working alongside the On Demand Group (ODG).
   
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