Call for Telekom bids due today

31 Aug 2007

A public call for bids for a government-held 49.13% stake in Slovenia’s incumbent telco Telekom Slovenije will be published today, according to Three options for the sale are envisaged: selling the entire stake in one go; a partial sale with the remainder sold after three years; or a cross-ownership arrangement. The valuation of Telekom Slovenije, with a current market capitalisation of EUR3.2 billion (USD4.36 billion), is to be completed by mid-September, whilst qualified bidders are to be announced in early November, head of the Electronic Communications Directorate Matjaz Jansa said. Jansa claims that some ten to 15 bidders have already expressed interest.

Slovenia, Telekom Slovenije (incl. Mobitel)