Serbian News: "Stake in Telekom Srbija already Sold to Telekom Austria"

CompaniesTelecoms ♦ Published: May 2, 2011; 14:17 ♦ (Vindobona)

Although there is still no official announcement from the government on the sale of Telekom Srbija, there is speculation the company has already been sold, Serbian B92 reports.

Serbian News: "Stake in Telekom Srbija already Sold to Telekom Austria" / Picture: © Telekom Austria Group

Telekom Austria will pay € 840m to buy a 30 percent stake in Serbia's state-owned telecommunications company.

Telekom Austria hasn’t submitted a new bid for Telekom Srbija AD, according to Elisabeth Mattes, a spokeswoman for the Austrian telephone company. The deadline for a new bid ends on May 4 at 2 p.m. local time, Mattes said in a…