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Friday, April 15, 2005
France Telecom agreed on Thursday to pay $523 million to raise its stake in Orange Romania, adding to the Eastward rush by West European telecommunications companies seeking faster growth.
France Telecom will increase its holding in the Orange unit to 96.6 percent from 73.3 percent in a transaction valuing the Romanian operator at about $2.2 billion, the company said. Orange Romania has a market share of 48 percent, and its sales rose 47 percent last year.
Related to this subject: Vodafone aquires Connex Romania.
Posted by Mihai Botea : 4/15/2005 11:38:00 am
06/01/2004 - 07/01/2004
Romanian Banks receive grades
E-Government system for Bucharest
Romania Wins EU Parliament Support
New corporate finance director at KPMG
Interest rates are going down
Bill Clinton Attends Branding Conference In Romani...
BancPost new president
A higher number of Internet users
Top Business Women
Road safety project "ProSigur" to be launched in B...
Publications & Media
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