Greek telco OTE offers to buy rival Forthnet's pay TV unit

Greek telecoms company OTE said on Tuesday it had submitted a non-binding offer of 250 million to 300 million euros to acquire rival Forthnet's pay TV operations. OTE had been in talks with the main shareholder of its small rival Forthnet about the acquisition. The move comes weeks after its biggest domestic rival Vodafone acquired an option to increase its 6.5 percent stake in Forthnet to 19.75 ...

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