The privatisation of Telekom Srbija has been ruled out for the foreseeable future.
Quoted by Balkans.com and Tanjug, Sinasi Mali, the economic advisor to Serbia’s VP, said that there are no reasons whatsoever, never mind plans, to sell the incumbent telco, which is a public limited company.
He added that in the event of a sale, its shares would be traded on the stock market.
Mali also highlighted the fact that Telekom Srbija’s shares have already been distributed to Serbian citizens.
Furthermore, he said that if there were to be a privatisation, it would be undertaken through the Belgrade Stock Exchange.
Greece’s OTE held a 20% stake in Telekom Srbija until the beginning of 2012, when it was bought back by the telco for €380 million.
It was subsequently reported last year that Telekom Srbija would be sold, though nothing materialised.