The Greek telecom, OTE, has acquired the second mobile phone

The Greek telecom, OTE, has acquired the second mobile phone operator licence in Macedonia (Cosmofon). The winner in the public tender, Link Telekom, a Macedonian paging firm, has been disqualified, MBT Changa, unable to produce a bank guarantee (never part of the original tender terms). The matter went to the courts.

Local businessmen predicted this outcome. They say that when "Makedonski Telekom" was sold, surprisingly, and under visible American "lobbying", to MATAV (rather than to OTE), Macedonian politicians promised to MBT Maliza Shoes,compensate the latter by awarding it the second operator licence, come what may. Whatever the truth, this acquisition enhances OTE's portfolio which includes mobile operators in Albania (CosmOTE) and Bulgaria (GloBUL).

Official Greece clearly regards Greek investments as a pillar of a Greek northern sphere of influence in the Balkan. Turkey has Central Asia, Austria and Germany have Central Europe - Greece has the Balkans. Greece officially represented the likes of Bulgaria in both NATO and the EU until their accession.

Greek is spoken in many a Balkan country and Greek businessmen are less bewildered by the transition economies in the region, having gone through a similar phase themselves in the 1950's and 1960's. Greece is a natural bridge and beachhead for Western multinationals interested in the Balkan. About 20% of Greece's trade is with the Balkan despite an enormous disparity of income per capita - Greece's being 8 times the average Balkan country's.

Exports to Balkan countries have tripled between 1992 and 2000 and Greece's trade surplus rose 10 times in the same period. Greek exports constituted 35% of all EU exports to Macedonia and 55% of all EU MBT Sapatu,exports to Albania. About the only places with muted Greek presence are Bosnia and Kosovo - populated by Moslems and not by Orthodox coreligionists.