Definitely no OTE sale this year

15 Mar 2006

Greece’s Finance Ministry has ruled out a sale of the government’s 36% stake in the country’s dominant telecoms provider OTE in 2006. Finance Minister George Alogoskoufis dismissed unconfirmed reports in the financial daily Imerisia about three foreign private equity funds’ interest in the telco, whilst insisting that the state had not been approached by any prospective buyers, and added that even if it had, OTE was not for sale this year.

Greece, Cosmote