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Telekom Austria: No Expansion into Serbia

Published: October 10, 2013; 22:13 · (Vindobona)

For Telekom Austria, the entry in Serbia fails for the second time. The Austrian telecommunication group will not submit an offer for Serbia Broadband (SBB).

Telekom Austria: No Expansion into Serbia / Picture: © Telekom Austria Group

For Telekom Austria, Serbia is a highly interesting, but difficult market. In 2011, the privatization of Telekom Srbija has failed. Telekom Austria was the last remaining bidder, the government and TA could not agree on a sales price, though.

In August, it became public that the Vienna-listed telecommunication group is interested in taking over Serbia Broadband. The sales price…

This article includes a total of 272 words.

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