Telekom Slovenije to fight USD2.7m TV rights lawsuit

9 Sep 2015

Slovenia’s state-backed fixed and mobile operator Telekom Slovenije says it has been hit with a lawsuit by the Association for the European Collective Management of Audiovisual Works (AGICOA) claiming EUR2.4 million (USD2.7 million) plus costs. The claim relates to fees for TV and radio broadcasting rights dating back to 2010 and 2011. In a statement at its website the telco said: ‘Telekom Slovenije will prove that the claim is completely unfounded.’

Telekom Slovenije reported revenues of EUR364.6 million for the first six months of 2015, down 4% year-on-year. The drop was attributed to lower call termination charges and declining revenues from traditional voice telephony. Net profit amounted to EUR20.6 million, down from EUR31.0 million the year before. The firm witnessed slight declines in its subscriber totals for fixed voice, broadband and mobile services in the year to 30 June 2015, as it ended the period with 1.11 million domestic cellular users, 390,276 fixed telephony customers and 198,193 broadband internet subscribers. Earlier this year the Slovenian government failed in its bid to attract a buyer for its majority stake in Telekom, with the only potential purchaser, private equity firm Cinven, walking away from a deal in early August after months of negotiations.

Slovenia, Telekom Slovenije (incl. Mobitel)