IMF to review plans for Telekom sell off

25 Feb 2010

Bloomberg reports that the International Monetary Fund (IMF) will review business plans for Serbia’s ten largest public companies that may be sold, including Telekom Srbije. Bogdan Lissovolik, the IMF’s top official in Serbia, said it will make a recommendation on whether to sell the companies. ‘The market is not strong for privatisations, but case-by-case studies may need to be done for the times when conditions improve,’ Lissovolik said in an interview.

Serbia got a EUR3 billion (USD4.1 billion) IMF bailout and received USD1.6 billion after agreeing to overhaul pensions, health care and public administration while keeping retirement pay and wages frozen in 2010. The government has missed deadlines for cutting state jobs and pledged to start them in April.

Serbia,Telekom Srbija (MTS),


Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate


Have feedback, corrections, or story ideas? Send them to

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


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


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.