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OTE to increase capital of Telekom Romania Mobile Communications by EUR 800 million

Hellenic Telecommunications Organization (OTE), the owner of the Telekom Romania group, decided at the general shareholders’ meeting in April to increase the capital of Telekom Romania Mobile Communications by EUR 800 million (RON 3.71 billion), meaning 371.87 million shares at the nominal value of RON 10. The shareholders of the mobile division of Telekom Romania are OTE with 70 percent of shares and Telekom Romania with 30 percent, while a few ...

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