It is Official: Telekom Austria Bids in Serbia

Business › n.a. ♦ Published: December 10, 2010; 07:00 ♦ (Vindobona)

What has only been suspected until now, is official: Telekom Austria bids against well-known competitors for the privatized part of Telekom Srbija.

It is Official: Telekom Austria Bids in Serbia / Picture: © Telekom Srbija

The Serbian government, which holds an 80% stake in Telekom Srbija sells 51% of the company’s shares. The official requirements of the Serbian government to participate in the bidding process were fulfilled by Telekom Austria. The bidders must prove to have 20 million customers, at least € 3.0bn in market capitalization and more than five years of experience in the…

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