Serbia to Decide on Telekom Sale by Monday

CompaniesTelecoms ♦ Published: March 26, 2011; 02:02 ♦ (Vindobona)

The Serbian government still evaluates Telekom Austria´s bid on Telekom Srbija. Telekom Austria could still improve its offer.

Serbia to Decide on Telekom Sale by Monday / Picture: © Vindobona.org

Serbia will decide on Monday how to respond to an offer for a majority stake in Telekom Srbija from Telekom Austria, the country's prime minister said on Friday. 'The government is not in talks with Telekom Austria and a workgroup tasked with the sale will decide about the offer by Monday,' Mirko Cvetkovic said at a business forum in Belgrade, Reuters reports.