Serbia Tries Privatization Again

Business › n.a. ♦ Published: December 19, 2011; 11:15 ♦ (Vindobona)

After the privatization of Telekom Srbija has failed in spring 2011, the Serbian government tries again. Telekom Austria could still show interest.

Serbia Tries Privatization Again / Picture: © Telekom Srbija

In spring, the privatization of the telecommunication company did not come to a result. The last bidders were Deutsche Telekom and Telekom Austria. However, the offered price was too low for the Serbian government.

Serbia now plans to buy back a privately owned minority stake in order to sell the complete company later. Telekom Srbija´s shares are held by the Serbian state to…

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