Telekom Srbija: Duel between Deutsche Telekom and Telekom Austria

CompaniesTelecoms ♦ Published: March 7, 2011; 00:00 ♦ (Vindobona)

In the selling process of the Serbian Telekom, the German and the Austrian telecom companies are seen as favourites.

Telekom Srbija: Duel between Deutsche Telekom and Telekom Austria / Picture: © Telekom Austria Group

The final talks in the selling process of the Telekom Srbija is going on. 51% of the company are being sold by the Serbian government, which holds a share of 80%. The government wants to realize revenues beyond € 1.4bn, otherwise the sale would not take place. However, the fair value is estimated to account for € 1.1bn to € 1.2bn.

The number of competitors is declining…