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New twist in Telekom Srbija sale

December 9, 2015 09.29 Europe/London By Chris Dziadul

Telekom SrbijaThe privatisation of Telekom Srbija, though apparently in its final stages, is not a foregone conclusion.

Quoted in several local media sources, Zeljko Sertic, the country’s economy minister, said that the government has still not made a decision on the sale of the incumbent.

He added that even if the company is not sold it will not remain in its current form and will be restructured.

Sertic also said that while Telekom Srbija currently makes a profit, there is no guarantee that it will still do so in 3-5 years time, given the big changes currently taking place in the telecom market.

A final decision on the sale is expected later this week.

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Filed Under: Central & East Europe, Newsline Tagged With: Serbia, Telekom Srbija Edited: 9 December 2015 09:29

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About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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