The government of Bosnia and Herzegovina reportedly plans to sell shares in BH Telecom this year via the stock exchange.
The state, which has a 90% stake in the incumbent telco, initially plans to sell up to 5% of shares, media reported, adding that a…
The government of Bosnia and Herzegovina reportedly plans to sell shares in BH Telecom this year via the stock exchange.
The state, which has a 90% stake in the incumbent telco, initially plans to sell up to 5% of shares, media reported, adding that a “feasibility study” will be conducted for the remainder.
According to the reports, the stake sale is part of wider privatisation plans by the government which also considers privatising two power companies.
The sales would require the approval of the relevant ministries which, in the case of BH Telecom, is the Ministry of Transport and Communications, local publication Seebiz.eu reported.
The ministry was not immediately available for comment.
Established in 1992, BH Telecom provides fixed, mobile and broadband internet services. The 10% of shares not held by the government are owned by private investment funds and small shareholders.
