The Serbian government is in talks to buy the 20% stake in Telekom Srbjia held by Greece’s OTE, according to media reports.
Telecompaper reported that authorities have offered E350m for the stake, but the Greek company seeks at least E400m.
In June,…
The Serbian government is in talks to buy the 20% stake in Telekom Srbjia held by Greece’s OTE, according to media reports.
Telecompaper reported that authorities have offered E350m for the stake, but the Greek company seeks at least E400m.
In June, Serbia abandoned plans to privatise the telecoms incumbent after a E1.1bn bid by Telekom Austria for a 51% stake was rejected for falling short of the minimum price of E1.4bn.
Serbia currently owns 80% of the telecoms incumbent, while Deutsche Telekom-owned OTE holds the rest.
OTE declined to comment, while the Serbian authorities were not immediately available for comments.
