Telekom Srbija is to invest €200 million this year, according to Predrag Culibrk, its managing director.
Montreal-based Stingray Digital has launched its Music Choice service on Telekom Srbija’s IPTV platform Open TV.
Telekom Srbija has secured a loan of €470 million, €320 million of which will be used for the acquisition of 20% of shares in the company owned by Greece’s OTE and the remaining €150 million for the refinancing of existing loans.
Telekom Srbija has reached an agreement with OTE to buy back the 20% in the company currently owned by the Greek telco.
The Serbian incumbent telco Telekom Srbija has chosen Entone’s Amulet HD IPTV receiver with DVR capabilities for its national HD IPTV rollout.
SES Astra has signed a capacity agreement with Telekom Srbija for the DTH transmission of the public TV channels RTS Sat and Radio Beograd in Serbia.
The Serbian government has rejected a last-minute bid of €1.1 billion from Telekom Austria for a 51% stake in the incumbent telco Telekom Srbija.
The deadline for Telekom Austria to submit an improved bid for the Serbian incumbent Telekom Srbija has been extended until May 3.
Telekom Austria is the only party to have lodged a bid for a 51% stake in the incumbent Serbian telco Telekom Srbija.
BELGRADE BUSINESS BREAKFAST: The IPTV service Open TV launched by Telekom Srbija in late 2008 has been a success story and currently claims over 95,000 subscribers, according to Jelena Stojanovic, the telco’s director of marketing and sales.