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Kosovo Telecom dodges bankruptcy with partner’s pardon

Connectivity BusinessbyConnectivity Business
May 25, 2017
in Financing, Government and Legal, Space Services
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Incumbent telco Kosovo Telecom (PTK) skirted bankruptcy after privately-owned operator Z-Mobile waived a €32m (US$35.8m) breach of contract-related fine. A London tribunal had ordered PKT to pay the sum in December, and had it stood, would have put the 3,500-employee company into… Incumbent telco Kosovo Telecom (PTK) skirted bankruptcy after privately-owned operator Z-Mobile waived a €32m (US$35.8m) breach of contract-related […]

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