Telekom Austria: Serbian Deal Failed

CompaniesTelecoms ♦ Published: May 7, 2011; 13:19 ♦ (Vindobona)

The new offer by Telekom Austria is rejected in Serbia: the sale has failed.

Telekom Austria: Serbian Deal Failed / Picture: © Flickr

The 51% stake of Telekom Srbija will remain in the hands of the Serbian government. The offer of Telekom Austria, reworked last week, was not accepted. The sale procedure concludes this way, with the Government following the recommendations of the privatization commission.

However, there were speculations in the Serbian media that a successful conclusion of the sale had been…