Telekom Slovenije mulling sale of Gibtelecom stake?

19 Nov 2013

Telekom Slovenije is said to be planning to divest its holding in Gibraltar’s Gibtelecom, according to Finance.si, which cites ‘unofficial sources’. With the Slovenian outfit having acquired a 50% stake in Gibtelecom for EUR36.8 million (approximately USD50 million) in April 2007, the other 50% is held by the government of Gibraltar. Neither a timeframe for the rumoured stake sale, nor a likely price, has been suggested, however.

Gibraltar, Gibtelecom, Telekom Slovenije (incl. Mobitel)