Greece opting for OTE placement next month

26 Jun 2007

The Greek Ministry of Finance is likely to proceed with a stock market placement in national telco OTE by mid-July, according to reporter.gr quoting sources close to the government. The state’s search for a strategic investor for the former monopoly has failed, and according to the same sources, the state is likely to sell about 10% of the company next month.

Greece, Cosmote