The Slovenian incumbent Telekom Slovenije has denied that it plans to sell its interests in Macedonia – and by implication other markets it is present in – despite continued doubts about its own future.
Quoted by Dnevnik in Macedonia, Rudolf Skobo, the telco’s president of the management board, said that it would continue to work in the country, where it owns the local telco One, as if it will “remain for a hundred years.”
Although the Slovenian state is preparing to sell its majority stake in Telekom Slovenije, the process is expected to take a long time.
The telco’s privatisation could be undertaken in its entirety or by the sale of individual units, such as One in Macedonia, and Deutsche Telekom and Telekom Austria have already been mentioned as possible buyers.
One posted a loss of €3.7 million in H1 this year despite its revenue rising by 3%. Its profit before tax was 24% higher than in the same period last year.
Telekom Slovenije meanwhile had revenues of €391.1 million in H1, or 3% less than a year earlier.
Net profit rose by 5% to €26.5 million.
The company operates IPTV services in both home market (SiOL TV) and in Macedonia and Montenegro.