OTE set to sell Telekom shares (Greece)

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Greek telecoms company OTE has reportedly told the Serbian government that it is ready to sell its 20% stake in Telekom Srbija. The sale is expected to take place during the upcoming international tender of the Serbian state-owned telecoms company. According to reports, OTE has sent a letter to the Serbian government, confirming that it is ready to sell its …

EditorOTE set to sell Telekom shares (Greece)

MTS in merger talks with unnamed companies (Russia)

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Russia’s MTS has confirmed that the company is in talks with other telecoms networks for a possible merger, without naming any of the potential partners. Vladimir Yevtushenkov, the CEO of MTS’s controlling shareholder, Sistema confirmed the talks. MTS chief executive Mikhail Shamolin had previously suggested that the company would be interested in buying out South Korea based Korea Telecom’s 80% …

EditorMTS in merger talks with unnamed companies (Russia)

OTE to sell Its 20% stake in Telekom Srbja

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Serbian press reported that Hellenic Telecommunications decided to sell its 20% stake in Telekom Srbja, according to Proton Bank. In its morning report, Proton says that Serbian government stated that it could sell a 31% stake in the operator instead of 51%, if OTE was to sell its stake. The starting price was set at EUR1.4bn for the 51% stake, …

EditorOTE to sell Its 20% stake in Telekom Srbja

France Telecom won’t bid for Telekom Srbija stake

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France Telecom SA spokesperson has revealed that the company has decided not to take part in the privatization of Serbian telecom operator, Telekom Srbija, as it considered the asset too expensive. According to the company’s spokesperson, they have studied the tender offer but decided not to take part in the bidding process notably because they considered the asking price too …

EditorFrance Telecom won’t bid for Telekom Srbija stake

Serbia extends Telekom Serbia deadline to March

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The Serbian Ministry of Finance working group for the privatization of 51% of shares in national telecommunications provider Telekom Serbia has extended the deadline for submitting binding bids until March 31. According to the Ministry, the deadline was pushed so that France Telecom and Deutsche Telekom, as well as all other interested companies, will have enough time to study the …

EditorSerbia extends Telekom Serbia deadline to March

OTE eyes Serbian unit sale

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Greek telecom incumbent Hellenic Telecoms Organization SA’s Chief Executive Michael Tsamas, said that the company is leaning towards a sale of its Serbian unit minority stake but needs more time to consider its strategy in Romania. According to Tsamas, Hellenic Telecoms (OTE) is prepared to sell its 20% stake in Serbia’s Telekom Srbija, but only if the price is right. …

EditorOTE eyes Serbian unit sale

Seven telcos bid for Telekom stake (Serbia)

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Serbia’s Ministry of Finance has announced that seven companies have applied to participate in a tender for the 51% stake in Telekom Srbija being sold by the government. The seven companies include Deutsche Telekom, France Telecom, Telekom Austria, America Movil, Weather Investments, Turkcell and VimpelCom. According to a statement from the ministry, the seven qualify to participate in the tender …

EditorSeven telcos bid for Telekom stake (Serbia)

Sitronics Signs Agreement with Mobile Operator Warid Telecom Uganda

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Sitronics, a provider of solutions in the field of telecommunications, information technology and microelectronics in Russia and CIS countries, with a presence in other EEMEA emerging markets, announced that it has signed a new contract with Ugandan mobile operator Warid Telecom Uganda. As part of the new agreement Sitronics provided additional FORIS licenses to support growth of Warid Telecom Uganda. …

EditorSitronics Signs Agreement with Mobile Operator Warid Telecom Uganda

MNP to introduce in Serbia by March

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Mobile number portability (MNP) will be reportedly introduced in Serbia by March 2011, conforming to European Union standards. According to reports quoting Telecommunications Minister Jasna Matic, following regulatory changes this year and technical preparations that should be completed in February, an estimated 9.9 million mobile-phone users will be able to switch from one operator to another without changing their numbers. …

EditorMNP to introduce in Serbia by March

3 telco Bought Documents in Telekom Sale

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As per the Telecommunications Minister Jasna Matic, Deutsche Telekom AG, Telekom Austria AG and France Telecom SA bought tender documents as the government prepares to sell a 51% stake in Telekom Srbija DD. According to Matic, the three potential buyers have acquired the documents recently in the ongoing tender that closes on Nov. 26. Telekom Srbija is 20% owned by …

Editor3 telco Bought Documents in Telekom Sale