Serbia to Launch Tender for Privatization of Telekom Srbija in early 2015

Southeast Europe | December 12, 2014, Friday // 19:34|  views

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A tender for the privatization of the state-owned Telekom Srbija will be announced at the beginning of 2015, according to state-owned broadcaster Radio-Television Serbia (RTS).

The Serbian state currently holds a 58.1% stake in Telekom Srbija, while a 20% stake is owned by the company and the remaining part of the shares is owned by private persons, according to RTS, as cited by the BGNES news agency.

Over the next few days, Telekom Srbija is to acquire Dunav Banka, which will allow the telecommunications operator to launch mobile banking services.

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Tags: telekom srbija, telco, privatization, Telecommunications Company


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