KAD selling 1.49% stake in Telekom Slovenije

2 Jun 2009

The Slovenian Press Agency reports that the state-run KAD fund published on Monday a call for bids for the purchase of a 1.49% stake in national telecoms operator Telekom Slovenije. The call for bids closes on 18 June, with the potential buyer having to purchase the entire stake. CommsUpdate previously reported that in December 2008 fellow state-run fund SOD failed to sell a 10% stake in Telekom Slovenije; the public tender did not attract a single bid, despite previous interest from companies including Magyar Telekom of Hungary. According to TeleGeography’s GlobalComms database, the Republic of Slovenia directly owns a 52.53% stake in Telekom Slovenije. Taking into account the stakes of SOD (14.25%) and KAD (7.36%) the telco is 74.14% publicly owned, with 10.46% held by domestic individual shareholders, and the remaining 15.4% distributed between other domestic and foreign entities.

Slovenia, Telekom Slovenije (incl. Mobitel)