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Sale Process of Telekom Srbija to be Cancelled
According to Serbian newspapers, the sale of the Serbian telecommunication company to Telekom Austria has failed.

The official statement of the Serbian government regarding the sale decision will be published on Monday. A working group has to evaluate the offical bid of Telekom Austria, which has been submitted this week.
The Serbian government intended to sell a 51% stake on Telekom Serbia, the minimum price was set at € 1.4bn. At the end of the bid process, Telekom Austria has been the…
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