Telekom Austria Submitted Bid for Telekom Srbjia

CompaniesTelecoms ♦ Published: March 22, 2011; 00:06 ♦ (Vindobona)

Telekom Austria Group Submits a Conditional € 800-950m Bid for a 51% Stake in Telekom Srbija.

Telekom Austria Submitted Bid for Telekom Srbjia / Picture: © Telekom Austria Group

Today, the Telekom Austria Group  announced that it has submitted a conditional bid in the tender process conducted by the Ministry of Finance of the Republic of Serbia for the sale of a 51% stake in Telekom Srbija a.d., the incumbent telecommunication operator of the Republic of Serbia.

Following a detailed due diligence and evaluation process, the Telekom Austria Group has…