Hellenic Telecom May Sell Its Bulgarian Unit, Imerisia Reports
By Tom Stoukas -
2012-06-25T06:07:33Z
Hellenic Telecommunications Organization SA (HTO), Greece’s largest phone company, may sell its Bulgarian Globul mobile-phone unit if it can get a satisfactory price, Imerisia reported, without citing anyone.
The sale of the unit could raise at least 800 million euros ($1 billion) and the company has hired Citigroup Inc. (C) as an adviser, the newspaper said.
To contact the reporter on this story: Tom Stoukas in Athens at astoukas@bloomberg.net
To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.