Greek group OTE announced on Tuesday at the Athens Stock Exchange that it has negotiated and signed a memorandum with Quantum Projects Group, controlled by Adrian Tomsi, owner of media group Clever Media, for the full sale of Telekom Mobile Romania.

In a statement published on the stock market, OTE said that in recent years it has continuously tried to improve the performance of Telekom Mobile Romania (TKRM), exploring strategic options to ensure its long-term growth.

• “In this context, OTE has been in talks with Quantum Projects Group, controlled by Adrian Tomsha, owner of media group Clever Media, regarding the latter’s interest in acquiring TKRM.
• The parties have signed a Memorandum of Understanding to facilitate this process and have submitted it for approval to the competent authorities in Romania.” it is stated in the message of OTE.

Clever Group is one of the most important players in the Romanian media market with 11 TV channels in its complete portfolio (Profit News, Prima TV, Prima Sport 1, 2 and 3, Prima News, Prima Comedy, Agro TV, Medika TV). , Cinemaraton and Cinemaest), 7 sites (profit.ro, primatv.ro, primanews.ro, primasport.ro, agro-tv.ro, lookmedica.ro, servuscluj.ro) and the PrimaPlay platform, according to Profit.ro.

The main shareholder of Telekom Romania Mobile is the Greek group OTE, which, in turn, is owned by the German group Deutsche Telekom by 46%.

And Vodafone discussed the possible acquisition of Telekom Mobile at the Competition Council

Government sources told HotNews.ro in September that Vodafone Romania would like to buy Telekom Mobile, and managers and lawyers of the two operators have discussed the possibility of such a transaction with Competition Council officials several times in recent months. reported to the authority.

The head of Telekom Mobile denied at the time that he had any such discussions with Vodafone or representatives of the Competition Council.

Telekom Mobile’s revenue fell by almost 13% despite subscriber growth in the second quarter

Telekom Mobile, the mobile phone operator held by Greece’s OTE Group after selling Orange’s fixed-line operators in Romania, posted revenue of 69.3 million euros in the second quarter of this year, down nearly 13% from the same period last year. quarter last year. , although the client base grew by 3.1% year-on-year.

Telekom Romania Mobile announced on Friday that it had 4.06 million customers (subscribers and prepaid card users) at the end of the first semester of 2023, 3.1% more than in 2022, a net increase of over 122,000 users.