PM confirms Telekom Slovenije sale

2 Oct 2014

Slovenia’s recently elected prime minister, Miro Cerar, has confirmed that his new government is to push ahead with the privatisation of 15 state-owned firms, including the incumbent PSTN operator Telekom Slovenije. In addition, Cerar says that there are no longer plans to split the telco into separate retail and infrastructure units prior to the sale; it had been suggested that the retail business would be sold off while the state would retain ownership of Telekom’s physical networks. ‘The privatisation of the 15 firms, including Telekom, has to continue until it is finalised … as we cannot afford to lose credibility,’ Reuters reports Cerar as saying. The government is hoping to raise over EUR700 million (USD880 million) from the sale of Telekom. The privatisation process began earlier this year but was put on hold in the run-up to July’s general election.

Slovenia, Telekom Slovenije (incl. Mobitel)