Telenor acquires Bulgarian mobile operator Globul

Nordic telco Telenor is moving into Bulgaria after agreeing to buy Greek telecoms operator OTE’s Bulgarian unit, Globul, for €717 million on a cash and debt-free basis. The deal also includes telecom retailer Germanos Bulgaria, which is operationally integrated with Globul, and marks Telenor’s latest move in the Central and Eastern Europe market, where it […]