Kosovo has received bids for the privatisation of 75% of telecoms incumbent PTK, according to Reuters quoting a statement from the ministry of economy and finance.
Albtelecom, the Albanian incumbent owned by Calik Group and Turk Telekom; Hrvatski…
Kosovo has received bids for the privatisation of 75% of telecoms incumbent PTK, according to Reuters quoting a statement from the ministry of economy and finance.
Albtelecom, the Albanian incumbent owned by Calik Group and Turk Telekom; Hrvatski Telekom, the Croatian incumbent owned by Deutsche Telekom; Egypt’s Orascom Telecom; Telekom Austria and Yemen’s Sabafon placed a bid on September 27.
Pre-qualified applicants will be announced on October 4, and the data room will open on October 11.
TelecomFinance sources have valued the operator at E300m to E350m
The authorities are advised by a consortium of Telco AG and law firm Wolf Theiss.
PTK has 987,000 mobile subscribers, representing 70% market share and 84,000 fixed-line subscribers, representing 93% market share. In 2009 it posted E145m revenues, E59.5m EBITDA and E44.4m net profit.
