Si.Mobil interested in T-2 takeover

6 Jan 2015

Slovenian cellco Si.Mobil has confirmed that it is interested in acquiring struggling rival mobile and broadband provider T-2. Si.Mobil’s CEO Jorg Zeddies told local news portal Finance.si that his firm is waiting for a decision on the move from parent company Telekom Austria. T-2, which operates 3G mobile networks as well as VDSL/fibre-based broadband internet access, IP telephony and IPTV services, was forced into bankruptcy in September last year after pressure from creditors. Two months later, however, the ruling was overturned and control was handed back to T-2 shareholders after Ljubljana’s Higher Court decided that it had been wrongly placed in receivership. The operator has continued to provide services uninterrupted despite its financial struggles. Si.Mobil is the second largest mobile network operator (MNO) in Slovenia, with a 30% market share as of end-September 2014, while T-2 is the smallest MNO, with less than 3% of all subscribers, according to TeleGeography’s GlobalComms Database.

Slovenia, A1 Slovenia (formerly Si.mobil, Amis), T-2