Telekom

Ljubljana – The supervisory board of Telekom Slovenije has reached agreement with Cvetko Sršen and Barbara Galičič Drakslar to end their terms as chairman and member of the management board, respectively, by the time new board members are appointed or by the end of October at the latest. It also dismissed for cause board member Tomaž Jontes.

Ljubljana – Telekom Slovenije shareholders have decided to distribute EUR 29.24 million for dividends, or EUR 4.50 gross a share, to be paid out on 2 August. The management proposed a EUR 3.5 dividend, but the shareholders backed the MDS small shareholder association’s counter-proposal at Thursday’s annual general meeting.

Ljubljana – Slovenia’s telecoms group Telekom Slovenije reported EUR 486.8 million in net sales revenue for the first three quarters of the year, up by 1% on the same period a year ago. Net profit was up by 31% to EUR 35.9 million, although the company said the figure would have been 36% higher when taking into account one-off events in 2020.

The number of Türk Telekom's subscribers rose to 51.4 million, while the company revised up its revenue, profit and investment forecasts for 2021, according to the company's third-quarter results announced on Nov. 3.

Türk Telekom, Turkey's prominent telecommunications company, has 14.1 million broadband customers as of the end of September, the statement said.

Ljubljana – Telecoms provider Telekom Slovenije and national grid operator ELES have developed a solution for mass charging of electric vehicles which enables intelligent charging and remote control of power consumption. The energy-saving solution will be particularly suitable for businesses, they said as they presented it on Monday.

The alleged wrongdoing went back even further than 2011.

MakTel once dominated the mobile market in North Macedonia, operating since 2001 as a joint venture between the state and Magyar Telekom, the Hungarian subsidiary of Deutsche Telekom. Its only competitor was the far smaller Cosmote network.

Ljubljana – The telecommunications provider Telemach has filed a lawsuit at the Ljubljana District Court against telecoms incumbent Telekom Slovenije over alleged violations of regulatory decisions, demanding the payment of EUR 28.796 million in damages with default interest from 1 June until payment.

Ljubljana – The group Telekom Slovenije generated EUR 317.6 million in sales revenue in the first half of the year, down 1% from the same period in 2020. Net profit was up by 44% to EUR 21.3 million, Telekom said on Thursday.

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Ljubljana – Responding to Telekom Slovenije suspending the sale of its subsidiary TS Media, United Group, one of the bidders, said that this was bad news for all foreign investors and even worse for Slovenia.

Ljubljana – The supervisory board of Telekom Slovenije, the state-owned telecoms incumbent, appointed a new management board on Wednesday headed by CEO Cvetko Sršen after dismissing the current board members.