Profile picture for user iuliane
Iulian Ernst
Senior Editor

Iulian studied physics at the University of Bucharest, and he sees himself as a physicist in the broadest sense of the word. He also studied economics at Charles University in Prague and Central European University in Budapest, after a master’s program in business administration at Bucharest Academy of Economic Studies. Since recently, he’s been exploring coding and data analysis for business and economics. As a freelancer, he worked for nearly two decades as an analyst for ISI Emerging Markets, Euromonitor International, Business New Europe, but also as a consultant for OMV Petrom and UkrAgroConsult. Iulian was part of the founding team of Ziarul Financiar. At Romania Insider, which he joined in 2018, he is reviewing the latest economic developments for the premium bulletins and newsletters. He would gladly discuss topics such as macroeconomics, emerging markets, Prague, energy sector including renewable, Led Zeppelin, financial services, as well as tech start-ups and innovative technologies. Email him at iulian@romania-insider.com. 

 

Sale of Telekom Romania fixed-line operator to Orange "follows the schedule"

The transaction through which Orange Romania will buy Telekom Romania Communications (TRC), the fixed-line branch of incumbent Telekom Romania group, "goes according to the schedule," said Vladan Pekovic, CEO of Telekom Romania, at an informal meeting with the press, Economica.net reported.

He said that he expects the European Commission to communicate the decision regarding the impact of the deal on the concentration in the market on July 13, so that in the second half of the year the deal could be concluded.

"In the meantime, we keep our business the same way, with the same team, with the same strategy. I would say with the same positive result in terms of performance," said Pekovic.

In November 2020, Orange Romania signed a deal for purchasing from OTE, part of Deutsche Telekom group, the 54% majority stake of the fixed services operator TRC, for a price of EUR 268 mln, subject to ex-post adjustments.

In a column published in Bursa daily, telecom expert Nicolae Oaca warns about the impact on the concentration on the market.

He expects that left with only the mobile arm - furthermore weakened by the loss of the fix-mobile customers - Telekom Romania will sell its mobile operations, most likely to RCS&RDS.

The expert forecasts a 45% market share (by revenues) of Orange after the takeover. The expert argues that alternative solutions exist, such as the takeover by the state of the 54% in TRC, or simply the veto right to the deal, which can still be expressed by June 25.f Telekom RO fix line operator to Orange proceeds "by the schedule."

(Photo courtesy of the company)

iulian@romania-insider.com

Normal
Profile picture for user iuliane
Iulian Ernst
Senior Editor

Iulian studied physics at the University of Bucharest, and he sees himself as a physicist in the broadest sense of the word. He also studied economics at Charles University in Prague and Central European University in Budapest, after a master’s program in business administration at Bucharest Academy of Economic Studies. Since recently, he’s been exploring coding and data analysis for business and economics. As a freelancer, he worked for nearly two decades as an analyst for ISI Emerging Markets, Euromonitor International, Business New Europe, but also as a consultant for OMV Petrom and UkrAgroConsult. Iulian was part of the founding team of Ziarul Financiar. At Romania Insider, which he joined in 2018, he is reviewing the latest economic developments for the premium bulletins and newsletters. He would gladly discuss topics such as macroeconomics, emerging markets, Prague, energy sector including renewable, Led Zeppelin, financial services, as well as tech start-ups and innovative technologies. Email him at iulian@romania-insider.com. 

 

Sale of Telekom Romania fixed-line operator to Orange "follows the schedule"

The transaction through which Orange Romania will buy Telekom Romania Communications (TRC), the fixed-line branch of incumbent Telekom Romania group, "goes according to the schedule," said Vladan Pekovic, CEO of Telekom Romania, at an informal meeting with the press, Economica.net reported.

He said that he expects the European Commission to communicate the decision regarding the impact of the deal on the concentration in the market on July 13, so that in the second half of the year the deal could be concluded.

"In the meantime, we keep our business the same way, with the same team, with the same strategy. I would say with the same positive result in terms of performance," said Pekovic.

In November 2020, Orange Romania signed a deal for purchasing from OTE, part of Deutsche Telekom group, the 54% majority stake of the fixed services operator TRC, for a price of EUR 268 mln, subject to ex-post adjustments.

In a column published in Bursa daily, telecom expert Nicolae Oaca warns about the impact on the concentration on the market.

He expects that left with only the mobile arm - furthermore weakened by the loss of the fix-mobile customers - Telekom Romania will sell its mobile operations, most likely to RCS&RDS.

The expert forecasts a 45% market share (by revenues) of Orange after the takeover. The expert argues that alternative solutions exist, such as the takeover by the state of the 54% in TRC, or simply the veto right to the deal, which can still be expressed by June 25.f Telekom RO fix line operator to Orange proceeds "by the schedule."

(Photo courtesy of the company)

iulian@romania-insider.com

Normal
 

facebooktwitterlinkedin

10

Romania Insider Free Newsletters