Telekom Austria Receives an Extension

Companies › Telecoms ♦ Published: April 13, 2011; 07:22 ♦ (Vindobona)

Telekom Austria has been granted an extension of the deadline for submitting a revised offer for 51% of Telekom Srbija.

Telekom Austria Receives an Extension / Picture: © Telekom Austria Group

The Telekom Austria Group confirmed yesterday that it has obtained from the Ministry of Finance of the Republic of Serbia an extension of the deadline to submit a revised offer for 51% of Telekom Srbija until 3 May 2011. The new term results from ongoing discussions and the need to submit further documents.

On 21 March 2011, a conditional offer of € 800 – 950m as well as a…

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