Athens, July 30, 2021 - Hellenic Telecommunications Organization S.A. ( OTE S.A. or the Company ), following its announcement on 28.7.2021 and in response to the Hellenic Capital Market Commission relevant request for clarifications, dated 29-07-2021, on European Commission s (EC) conditional approval for the sale of Telekom Romania Communications S.A. ( TKR ) to Orange, announces the following: 1) Following its investigation, the EC as it mentions in the related press release, found that the transaction between OTE and Orange Romania for the sale of the 54% stake OTE holds in TKR, as initially notified, would have raised serious competition concerns on the market for retail mobile telecommunications services. In particular, Orange would have acquired TKR s 30% minority shareholding in Telekom Romania Mobile Communications S.A (TKRM), one of its key competitors in the Romanian mobile market.
ATHENS – The long-running scandal around Greece's jewelry and accessory maker Folli Follie now has seen Charalambos Gotsis, former chairman of the Hellenic Capital Market Commission, was charged with breach of duty - The National Herald
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