OTE to sell Bulgarian units to help refinance debt

  • 12 years ago
As austerity measures hit its domestic customers, Greek telecoms group OTE says it wants to sell its Bulgarian businesses - a mobile phone company and an electronic appliance retail chain.

The money raised would help the biggest telecoms operator in southeastern Europe to refinance its almost three and a half billion euros of debt.

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http://www.euronews.net/

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