Serbia plans US$2.25 billion telecom stake sale

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Serbia is planning to sell half of its stake in Telekom Srbija to other European phone companies. The government is seeking as a minimum US$2.25 billion from the sale. Serbia has applied to become a member of the European Union, but needs to reduce state debt and to attract foreign investment Telekom Srbija is 20% owned by Greece’s OTE, which …

EditorSerbia plans US$2.25 billion telecom stake sale