The Slovenian government has announced that there is now a short list of three companies bidding for a 49.13% stake in the country’s incumbent telco, Telekom Slovenije. With the Carlyle Group, Macquarie Bank and Oger Telecom having dropped out of the process, the remaining bidders are now Hungary’s Magyar Telekom, the Icelandic group Skipti and a partnership of Bain Capital LLC, Germany’s Axel Capital and Slovenia’s BT Globalne storitve d.o.o. The value of the stake in Telekom Slovenije, whose interests include Slovenia’s leading IPTV service, is estimated at €1.3 billion. The tender is set to close on January 15.