Telekom Austria Has Still Growth Plans in Serbia

People ♦ Published: August 17, 2013; 09:45 ♦ (Vindobona)

According to market rumors, the Vienna-listed telecommunication group is interested in taking over Serbia Broadband.

Telekom Austria Has Still Growth Plans in Serbia / Picture: © Telekom Austria Group / Klaus Vyhnalek

For Telekom Austria, Serbia is a highly interesting market. In 2012, the privatization of Telekom Srbija has failed. Telekom Austria was the last remaining bidder, the government and TA could not agree on a sales price, though.

Now, Telekom Austria aims to continue its expansion strategy in Southeastern Europe. The cable operator SBB is a potential takeover target again. SBB´s…