By Nektaria Stamouli
ATHENS--Deutsche Telekom intends to invest up to 2 billion euros (about $2.5 billion) in Greece for infrastructure and new generation networks over the next four years, its CEO Tim Höttges said during a meeting with Greek Prime Minister Alexis Tsipras on Thursday.
Deutsche Telekom is the majority shareholder in Greece's formerly state-owned telecoms group, the Hellenic Telecommunications Organisation, OTE, and controls its board.
Last week, the German telecommunications company acquired an additional 5% in OTE, raising its stake to 45%.
It said it plans to invest up to EUR2 billion until 2022 on developing an optic-fiber network and fifth-generation (5G) mobile network.
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