The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Telekom Romania Communications (“TKR”) by Orange SA (“Orange”).
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Orange Romania has signed a deal to acquire a 54% controlling stake in fixed operator Telekom Romania Communications Telekom Romania Communications is one of Romania’s leading fixed telecom operators currently 54% owned by OTE and 46% by the Romanian State. The transaction includes the 54% stake owned by OTE and its fixed-mobile convergent subscribers.
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