Telekom Slovenije buys 50% of Gibtelecom

24 Apr 2007

Slovenian fixed line telco Telekom Slovenije has announced it has acquired 50% of Gibraltar’s telecoms operator Gibtelecom for EUR36.8 million (USD49.93 million). Telekom bought the share from Verizon Communications. The contract was signed in agreement with Gibraltar’s government, which owns the other half of the company.

Gibraltar, Gibtelecom, Telekom Slovenije (incl. Mobitel)