The Serbian incumbent Telekom Srbija is planning a bond issue worth €500 million on the Frankfurt or Luxembourg stock exchanges.
Telekom Srbija will present two international premieres and host a party at next week’s New Europe Market (NEM) in Dubrovnik.
The first instance court in Belgrade has rejected a multimillion claim for compensation from Telekom Srbija for alleged unfair market competition filed by the telco against United Group and its subsidiaries SBB, N1 TV and nova.rs.
Telekom Srbija aims to raise up to €500 million this year by issuing corporate bonds on a European stock exchange.
Telekom Srbija gained an additional 150,000 multimedia users last year.
The Serbian incumbent made a profit of more than €100 million in 2021, according to its CEO Vladimir Lucic.
The European Investment Bank (EIB) has announced it will lend €70 million to Telekom Srbija for the rollout of the 5G telecom network and extension of the existing 4G network across Serbia.
Telekom Srbija and Vodafone have signed a strategic partnership agreement covering Serbia, Montenegro and Bosnia and Herzegovina.
Bloomberg Media and the majority Telekom Srbija-owned broadcaster Mtel Swiss have agreed to create Southeast Europe’s first pan-regional, multi-platform business news network.
Telekom Srbija believes the business motives of competitors with falling market share are behind the attacks it continues to face.