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Greece - On Telecom raises EUR 16 mln.

Europe Intelligence Wire

| November 01, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Telecompaper Europe)

Greek operator On Telecom has raised EUR 16 million through the issue of a five-year convertible loan. Arranged by Proton Bank, the loan will be used for ON Telecom's investment plan. After launching commercial services in February, ON Telecom said it has completed its initial ...

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