Serbia: Bid of Telekom Austria is "Insulting"

Companies › Telecoms ♦ Published: March 23, 2011; 07:31 ♦ (Vindobona)

Only Telekom Austria remained in the takeover offer for the majority stake of Telekom Srbija. The offer causes resistance in Serbia.

Serbia: Bid of Telekom Austria is "Insulting" / Picture: © Telekom Srbija

Extremely negative resonances from the Serbian government are caused by the bid of Telekom Austria for the 51% stake in Telekom Srbija. A failure of the call for tenders is increasingly likely.

At the last moment, it seemed as though there would start a battle between the Austrian and the German Telekom. But the price determined by the Serbian government at € 1.4bn seems to…

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