Telekom Slovenije ups Aneks, Primo stakes to 100%

7 Jan 2013

Telekom Slovenije has revealed that it has inked a deal under which it has acquired the 30% that it did not previously own in fixed line voice, broadband and pay-TV provider Aneks, which operates in Republika Srpska, part of Bosnia & Herzegovina. The Slovenian telco confirmed it has reached an agreement with the minority shareholder in Aneks for the stake in question, though it did not reveal the financial details of the transaction.

As noted in TeleGeography’s GlobalComms Database, Aneks, which is headquartered in Banja Luka, was originally founded in 1993, but it was Telekom Slovenije that paved the way for the company’s current incarnation when, in October 2007, it acquired 70% of the shares in two separate Republika Srpska operators, namely fixed line provider Aneks and internet service provider (ISP) Blic. Between 2008 and 2009 Aneks added a variety of regional cablecos to its portfolio and all of the new acquisitions were subsequently unified under the Aneks name in May 2009.

Similarly, Telekom Slovenije has reported that it has increased its shareholding in its Albanian subsidiary Primo Communications to 100%. The Slovenian firm signed a contract with the two minor shareholders of Primo in late December 2012 to purchase the 25% that it did not already own in the broadband provider.

Albania, Bosnia-Herzegovina, Blicnet, Telekom Slovenije (incl. Mobitel), Vivo Communications