FT increases Voxtel stake

16 Feb 2006

France Telecom (FT) has increased its stake in Moldova’s leading cellco Voxtel by 10% to 61%. The French operator acquired the additional stake from the country’s fixed line incumbent Moldtelecom; the value of the deal has not been disclosed. Voxtel’s other shareholders are Moldovian Mobile Telephone Bis (30%), IFC (5%) and MobilRom (4%). It claimed 659,000 subscribers at the end of 2005.

Moldova, Orange Group, Orange Moldova