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Highest likely bid for Telekom Srbija is EUR 1.2 bln

2015-10-08 14:07:00| Telecompaper Headlines

(Telecompaper) The biggest single bid for Telekom Srbija could reach EUR 1.2 billion and it comes from a foreign investment fund, reports Vecernje Novosti. According to the same source, a Russian operator is also prepared to increase its initial bid. A total of eight possible bidders are in the race, including investment funds. Serbia is selling a majority state share package (58.11%) in Telekom Srbija. Small shareholders currently have 21.89 percent, while the remaining 20 percent is owned by the company itself.

Tags: eur highest bid telekom

Category:Telecommunications

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