Articles tagged with: CDMA450 and Umts

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: cosmote, zapp, 3g-license, 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: cosmote, zapp, 3g-license, anti-trust, ev-do, Romania

Romanian CDMA Operator, Zapp Plans UMTS Rollout

During a press conference held last month, Chris Bataillard, CEO of Romania's Zapp announced that their 2100 Mhz network will be functional by June 30th, providing mobile high-speed data services based on ZTEÃ's UMTS/HSDPA solutions.  more

Related Tags: zte, mts, zapp, base-stations, ev-do, Romania

Qualcomm Sells Stake in Romanian CDMA Operator

Saudi Oger has brought out its partner in the Romanian cdma450 operator, Telemobil - which trades under the brandname, Zapp. Saudi Oger, a group controlled by the family of the former Lebanese prime minister Rafic Hariri, is already one of Telemobil's shareholders through the investment fund Omnia Holdings, which owns 45.76% in Inquam, Telemobil's majority shareholder. Qualcomm also holds 45.76%.  more

Related Tags: qualcomm, zapp, vivendi, omnia, Romania