Telekom Srpske attracts just two bids

22 Nov 2006

The privatisation committee of Bosnia & Herzegovina’s autonomous Republika Srpska (RS) says that Telekom Austria and Telekom Srbija were the only companies to have made a formal bid for a 65% stake in the region’s incumbent operator Telekom Srpske by its 20 November deadline. The RS Communications Minister Nedeljko Cubrilovic said he was disappointed to receive just two firm applications after eleven international companies had shown an interest, including Magyar Telekom of Hungary, Russia’s Sistema Telecom, Elisa Communications of Finland, Iceland’s Matav Madarska Novator, Telenor of Norway, Valiva of Switzerland and Planetsky of Cyprus. The minimum starting price for bidding was set at EUR400 million (USD640 million). The winner is expected to be announced before the end of the year.

Bosnia and Herzegovina,A1 Telekom Austria Group, Telekom Srbija (MTS), Telekom Srpske (m:tel),

Subscribe



Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share