Cosmote captain walks the plank

26 Sep 2007

Cosmote’s CEO Evangelos Martigopoulos has resigned. In a statement, the Greek wireless group’s parent OTE attributed the move to differences of opinion over Cosmote’s strategy, whilst local reports suggest that a change in management is expected to facilitate OTE launching a bid to up its 67% stake in Cosmote to 100%.

Greece, Cosmote (old)