Telekom Srbija: Rising Prospects for Telekom Austria

CompaniesTelecoms ♦ Published: April 22, 2011; 13:56 ♦ (Vindobona)

Telekom Austria might still succeed in Serbia with an alternative solution. The mobile subsidiary would have to be handed over.

Telekom Srbija: Rising Prospects for Telekom Austria / Picture: © Telekom Austria Group

The Serbian government has been trying to solve the controversy surrounding the sale of its 51% stake in Telekom Srbija for weeks. Officially, the deadline for Telekom Austria (TA) to improve its bid as the required minimum price of € 1.4bn was not met still runs. The end of the period was established for May 3. The first offer of TA amounted to € 950m.

According to rumors,…