The Romanian Government has reportedly approved the merger between Orange Romania, the largest telecom group in the country, and the former state telecom company Romtelecom, in which Orange owns 54% of the shares and the Romanian state holds the remaining 46%.

According to industry sources quoted by Ziarul Financiar, the calendar of the merger will be made public in early 2024.

In 2022, Orange took over 54% of the former Romtelecom from the Greek group OTE, which is part of Deutsche Telekom.

This transaction allowed Orange to diversify its offer and provide integrated fixed-mobile service bundles to clients, thus consolidating its leading position in Romania.

andrei@romania-insider.com

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