Articles tagged with: CDMA450 and Cosmote

Consolidation in Romania as Cosmote buys Zapp

Greece's Cosmote Group confirmed earlier rumours and has signed a deal to buy Romania's Telemobil (Zapp) for a total consideration of around EUR205 million. The consideration for the shares of Zapp is estimated at approximately EUR61 million  (equity value), while Cosmote will also assume the debt and other liabilities of Zapp, mainly concerning 3G and CDMA network roll out, estimated at approximately EUR 146 million.  more

Related Tags: zapp, 3g-license, umts, ev-do, Romania

Cosmote Closer to Buying Romanian 3G Operator

Greece's Cosmote Group is reported to have agreed on a price of EUR 200 million to buy a smaller rival network in Romania, Zapp, which is owned by the Saudi Oger group. Cosmote already owns a mobile network in the country, but lacks the 3G license which Zapp has.  more

Related Tags: zapp, 3g-license, anti-trust, umts, ev-do, Romania

Two New 3G Licenses for Romania

Romania's telecoms regulator, IGCTI says that it has awarded the country's remaining two 3G concessions to cable operator RCS&RDS and cdma450 operator, Telemobil - trading as Zapp. The two companies obtained the best scores after the evaluation according to the task book criteria. RCS&RDS gained 90.41 points and Telemobil SA 72.71 points. Cosmote Mobile obtained 59.74 points and Radiocom 49.58. more

Related Tags: ministry-of-communications, 3g-license, orange-romania