Telemobil (Zapp), a mobile telephony operator Greek Cosmote group acquired last year, has in the past four months cut down the number of owned stores from 27 to 7, according to the data presented on the company's website. Zapp partners' store network also narrowed from 110 to 57 stores, so that, four months after Cosmote officially got the Competition Council's approval to buy into the company, the retail network built by Telemobil halved, from 137 to 64 stores. Amid the closing of the 20 Zapp stores, the company's headcount was cut by several tens of employees. The reduction, or how Telemobil representatives call it, the "optimisation" of Zapp's retail network is not a surprise given that Cosmote group has owned, since 2006, Germanos, the biggest domestic telecom and technology retailer. As a matter of fact, Telemobil, now run by Cosmote managers, announced its products and services are available in the entire Germanos store network.

Telemobil (Zapp), a mobile telephony operator Greek Cosmote group acquired last year, has in the past four months cut down the number of owned stores from 27 to 7, according to the data presented on the company's website. Zapp partners' store network also narrowed from 110 to 57 stores, so that, four months after Cosmote officially got the Competition Council's approval to buy into the company, the retail network built by Telemobil halved, from 137 to 64 stores. Amid the closing of the 20 Zapp stores, the company's headcount was cut by several tens of employees. The reduction, or how Telemobil representatives call it, the "optimisation" of Zapp's retail network is not a surprise given that Cosmote group has owned, since 2006, Germanos, the biggest domestic telecom and technology retailer. As a matter of fact, Telemobil, now run by Cosmote managers, announced its products and services are available in the entire Germanos store