Three state-owned investors and a private investment fund published on Monday 27 December 2010 a call for bids for a package of 177,473 shares, or a 2.7% stake, in state-controlled national PSTN operator Telekom Slovenije. As reported by Finance.si, Prvi pokojinski sklad, Nova Ljubljanska banka (NLB), PSP Modra Linija and Zavarovalnica Triglav announced the tender with bids to be submitted by the end of February. Slovenian news agency STA added that up to a 5% stake in Telekom Slovenije might be offered up for sale in the near future, whilst in mid-December Slovenian media reported that the Government Agency for Management of Capital Investments was also considering a sale of shares in the former telecoms monopoly. The Republic of Slovenia directly owns a 52.54% stake in Telekom Slovenije, whilst other stakes are held by state investment funds Slovenije Odskodninska Druzba (SOD, 14.25%) and Kapitalska Druzba (KAD, 7.36%), according to TeleGeography’s GlobalComms Database.
Meanwhile, Telekom Slovenije’s supervisory board has endorsed a treatise on the planned merger of its mobile subsidiary Mobitel into the parent company, in a process due to begin in January 2011 and to be completed by around mid-year. Management said that several details of the organisational reform of the group require additional effort from working groups. The two largest issues are: who will take the helm of the company and the exact value of the merger. Telecom Slovenije and Mobitel will also merge with group unit, Planet 9, which should then merge with another, Najdi.si. Given the course of current negotiations, this could occur by 1 April 2011, announced the Chairman of the Board, Ivica Kranjcevic, as reported by Finance.si.