Hellenic Telecom News
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Telenor ASA, the Nordic region’s largest telecommunications operator, agreed to buy Hellenic Telecommunications Organization SA’s Bulgarian mobile unit for 717 million euros ($934 million).
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Hellenic Telecommunications Organization SA, also known as OTE, may halt a planned sale of Globul, its Bulgarian unit, after it successfully refinanced debt, company officials said.
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Hellenic Telecommunications Organization SA has gone from being the biggest loser in Europe’s bond market to the best performer as its debt reduction plan kicks in and concern Greece will exit the euro recedes.
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Hellenic Telecommunications Organization SA is offering its highest interest rate to lure buyers to the lowest-rated offering from a European peripheral company in at least seven years.
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Hellenic Telecommunications Organization SA is planning to sell the lowest-rated bonds from a company in Europe’s periphery for at least seven years.
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Hellenic Telecommunications Organization SA is selling 500 million euros ($712 million) of bonds in its first offering since 2008 and the second by a Greek non-financial company in more than a year.
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Deutsche Telekom AG and the Greek government agreed to appoint Michael Tsamaz as the new chief executive officer and chairman of Hellenic Telecommunications Organization SA , the German company’s Greek unit.
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Hellenic Telecommunications Organization SA , Greece’s biggest phone company, has begun an internal investigation on allegations that between 2003 and 2006 individuals connected to the company received improper payments from U.S.-based Comverse Technology Inc .
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Greece may exercise an option to sell an additional 10 percent stake in Hellenic Telecommunications Organization SA to Deutsche Telekom AG as early as next month, Kathimerini reported, without citing anyone.
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Turkcell Iletisim Hizmetleri AS, Turkey’s biggest mobile operator, will start selling the nation’s first self-branded smartphone this year, Chief Corporate Affairs Officer Koray Ozturkler said.
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