Belgrade challenges ‘illegal usurpation’ of PTK

18 Apr 2013

The Serbian government’s Office for Kosovo-Metohija has issued a statement challenging Pristina’s recent agreement to sell a 75% stake in Post and Telecommunications Kosovo (PTK), claiming that the telco is majority owned by the Serbian republic and labelling the deal as an ‘illegal usurpation of state and private property’. The office added that the sale also included assets owned by Telekom Srbija and the Serbian Postal Office, referring to facilities installed and run by Serbia prior to Kosovo’s declaration of independence in 2008 and therefore: ‘the buyers have been misled regarding the actual ownership of [PTK], as well as regarding the ownership of the facilities used by the companies.’ The statement went on to say that the PTK deal violated the rights of the Serbian state and other minor shareholders in the telco as the sale was agreed by ‘a non-owner without the consent, authorisation and participation of the real owner.’ Belgrade has pledged that the ‘illegal bodies’ responsible for the sale would face serious legal consequences.

Kosovo declared its independence from Serbia in February 2008 after more than a decade of violence and relations between the two nations remain tense. Whilst Serbia has not yet officially recognised Kosovo’s independence, support for the nascent republic is growing and 98 nations now acknowledge Pristina, including 22 member-states of the European Union (EU): notably absent from the list are EU states Greece, Romania, Slovakia and Spain and major international players China, Russia and India.

Kosovo, Serbia, Telecom Kosovo (TK, Vala), Telekom Srbija (MTS), Vala