No sell off in 2008 for Telekom Srbija

29 Aug 2008

Local news reports suggest that the Serbian government will not begin discussions on the sale of a majority stake in Telekom Srbija until the start of next year at the earliest. According to the press, Deutsche Telekom has already expressed an interest in acquiring the stake. Belgrade is expected to select a privatisation consultant to advise on the sale of the telco in the next few days; seven international investment banks are believed to be competing for the contract.

Serbia, Telekom Srbija (MTS)