The first EBRD investment in the Romanian post sector

Posta Romana will invest EUR 60 M in the construction of the first automatic sorting centre from Bucharest and in the one which exists already in Cluj, announced yesterday, in a press conference, representatives of the National ... More

Telecommunications market to hit $14 billion

The telecommunications market in Turkey is expected to grow by 12 percent to $14 billion this year compared to 2006, according to a progress report compiled by the Turkey Investment Advisory Council. It is also expected that ... More

Telekom Srbija" paid first installment for purchase of "Telekom Srpske"

Spokesperson of the Prime Minister of Republic of Srpska, Biljana Bokić, said that "Telekom Srbija" had paid the first installment for purchase of "Telekom Srpske" on June 4, 2007. She said to the press that the money ... More

Telekom Srbija" to take over "Telekom Srpske"

It is expected that "Telekom Srbija" will definitely take over 65% of stocks of "Telekom Srpske" prior to June 10, maybe few days later – said Predrag Ćulibrk, the Manager of the Strategy Sector of Belgrade-based ... More

Alfa rejects Çukurova’s early payment offer

Mobile phone operator Turkcell’s parent company, the Çukurova Group, has announced that Russian conglomerate and Turkcell co-partner Alfa Group rejected Çukurova’s early payment request on May 21. ... More

T-Mobile's income €13 million

Total income of Montenegro's mobile telephony operator, T-Mobile in the first quarter of this year amounted to € 13 million, which is by one-third more than in the same period last year. According to data of the T-Mobile ... More

Six companies to bid for becoming fourth mobile operator in FYR Macedonia

Two domestic and four foreign companies are interested in becoming the fourth mobile operator in FYR Macedonia. The Agency for Electronic Telecommunications (AEK) published the tender on April 3 with an application deadline on ... More

Bulgarian wireless telco Globul adds content to live 3G video portal

Globul, the local cellular division of Greek OTE Group, said its Globul 3G Video Portal attracted more than 92,000 visitors in the first month since its debut. The portal streams live TV, exclusive real time live feeds from ... More

Sale of "Mobi 63" is the largest privatization transaction in east and central Europe

The purchase of Serbian company "Mobi 63", which Norwegian "Telenor" paid about 1.9 billion USD, is the largest privatization transaction in central and east Europe in 2006 - the audit company "Price Watherhouse Coopers" ... More

Telekom makes license payments

A consortium of Telekom Serbia/Olagar has made a payment worth EUR 17.05mn to the Montenegrin Telecommunications Agency (Agentel). The move will grant the consortium licenses to operate the third mobile, wireless and internet ... More

2 bidders shortlisted in Bulgaria telco deal

Oger Telecom of Dubai and a U.S. private equity investor have been selected as front-runners to take control of Bulgaria's dominant telecom firm BTC , a source familiar with the deal was quoted as saying last week by news agency ... More

Hungarian Telephone & Cable will take over Matel Holdings

The Competition Council has authorized the take over of Matel Holdings NV, the majority shareholder of Invitel, the second largest telecommunications operator of Hungary by Hungarian Telephone & Cable Corp. The two companies are ... More

US Firm Acquired Bulgaria's Telco

A US company has acquired a majority stake in Bulgaria's dominant telecom firm BTC, outstripping Dubai-based Oger Telecom and Turkey's largest mobile operator Turkcell, local Trud daily reported. The report did not make it ... More

Telekom Austria Withdraws from Race for OTE

Telekom Austria, the owner of Bulgaria's top mobile operator M-Tel, will not make a bid for a stake in Greek telecoms group OTE, according to a report in Greek newspaper Imerisia. Telekom Austria will not buy a minority stake ... More

Cosmote reaches the 2 million clients mark

The number of the active clients in Cosmote Romania mobile telephony network reached 2 million after one million increase in the last four months, the company has announced. The company plans on short term to launch the i-Mode ... More

Merger on communications market

The Competition Council has authorised the economic concentration resulting from the direct acquisition of sole control of Matel Holdings by the Hungarian Telephone and Cable Corp., a press release of the competition authority ... More

Oger, Turkcell Race for Bulgaria's BTC

Dubai-based Oger Telecom, one of the new breed of acquisitive Middle East telecommunications groups, and Turkcell, Turkey's largest mobile operator, are running neck and neck in the auction for control of Bulgaria's leading ... More

EU Says Telecoms Market on Track, but No Fixed-Line Competition

A report by the European Commission on the implementation of the telecommunications regulatory package says that the Slovenian market seems to be "on the right track", with competition improving on the broadband market and in ... More

Telekom Austria gets third license in FYR Macedonia

The Telekom Austria Group has obtained the third mobile license for the Republic of FYRMacedonia. The Telekom Austria Group won the transparent tender, and within the set deadline paid EUR 10mn for a 10-year GSM 900/1800 ... More

EUR 10 M office building for Romanian Post

The Romanian Postal Corporation (CNPR) invested approx. EUR 10 M from its own funds in a new office building inaugurated Thursday on Dacia Blvd in Bucharest, Postal Corporation executive manager Dan Mihai Toader announced. The ... More