The move is allegedly part of the company’s plan to exit the markets it entered after acquiring Greek company OTE. However, in Romania, the talks about a possible exit of Telekom from the local market intensified after the Government adopted the controversial emergency ordinance OUG 114/2018, also called “the greed tax,” which imposed, among other things, a 3% turnover tax for telecom companies, according to Romania-Insider.com.
It’s not clear at this point whether the Telekom Romania operations will be sold to a player that is already present on the market or to a new player.
Telekom’s potential exit from Romania will also have an impact on the media market, as Telekom has a sports TV channel, which, according to Gazeta Sporturilor, could be purchased by local telecom group RCS&RDS, which also has owns several sports channels.
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