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Articles tagged with: Zapp and 3G License
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, cdma450, umts, ev-do, Romania
Cosmote Closer to Buying Romanian 3G Operator
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Related Tags: cosmote, cdma450, anti-trust, umts, ev-do, Romania
Romanian 3G Operators Meet Rollout Obligations
Romania's telecoms regulator, ANRCTI has published a report which confirms that the country's two newest 3G license holders, RCS&RDS and zapp have met the initial phases of their 3G rollout obligations. Vodafone and Orange are existing 3G license holders, having been awarded their licenses back in 2005. Cosmote Romania is the sole remaining operator which does not have a 3G licenses. more
Related Tags: orange, wcdma, Romania
In the process of winning its 3G licence, zapp says that it committed to rolling out a 3G network covering most of Romania by the end of 2007. The first part of their commitment was concluded this week, when Telemobil paid before due date the first installment worth of US$10.5 million of the total cost of US$35 million of the 3G license. more
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