.gif)
Telekom Austria Group welcomes support of Austrian Vice Chancellor for its expansion into Serbia
Telekom Austria has announced today that the Vice Chancellor and Minister for Infrastructure, Hubert Gorbach, following a meeting with his Serbian counterpart Velimir Ilic, confirmed the support of the Austrian government for mobilkom austria's intention to purchase a stake in the Serbian mobile operator Mobtel.
On Thursday, May 12, 2005 it was reported in Vienna that the co-owner of Mobtel, Bogoljub Karic, had signed an agreement to sell his 51% stake in Mobtel to a consortium of Austrian investors, Martin Schlaff, Josef Taus and Herbert Cordt. This transaction resolves the previous deadlock regarding the ownership of Mobtel.
Boris Nemsic, CEO mobilkom Austria and COO Wireless of the Telekom Austria Group said: "We have already expressed our interest in the Serbian market, which would perfectly fit in our CEE strategy, and reiterate our intention to proceed. We currently have international operations in Croatia and Slovenia and have recently acquired a call option to takeover the Bulgarian operator Mobiltel."
The government of Serbia is expected to start a tender process for the sale of its stake in Mobtel soon.
Share this article with others
Post to del.icio.us
Printed from http://www.eurocomms.com/online_press/11458/Telekom_Austria_Group_welcomes_support_of_Austrian_Vice_Chancellor_for_its_expansion_into_Serbia.html
Comment on this article
Skip to comments
We encourage users to analyse, comment on and even challenge European Communications's articles, including the one above - 'Telekom Austria Group welcomes support of Austrian Vice Chancellor for its expansion into Serbia'
User reviews and comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site.
Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. We will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site.