Telekom

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Russian bank's loan to Serbia's state-owned telcom

The announcement was made by the Russian bank.

The memorandum was initiated with a contract signed by the two companies in December 2018.

Sberbank Serbia is one of the banks that participated in the lending to Telekom. Sberbank Group participated in this loan with 77 million euros, of which Sberbank Srbija's participation was 25 million euros.

Belgrade police official, 9 others, arrested

The Interior Ministry (MUP) announced this on Wednesday, adding that D.J. was arrested on suspicion of having committed the criminal offense of trading in influence and abuse of office.

D.J. was arrested on the order of the Special Department for Suppression of Corruption of the Higher Public Prosecutor's Office in Belgrade.

Serbian telecom bids for OTE's Albanian subsidiary

Serbia's state-run Telekom Srbija has made an offer to acquire Telekom Albania as it looks to expand in the Balkans, the Belgrade-based Vecernje Novosti reported on Monday, citing sources.

Telekom Albania has a 39 percent market share in Albania's telecommunications sector and is 99.79 percent owned by Greece's OTE.

Confirmed: Serbian company wants to acquire Telekom Albania

This interest is in line with the Serbian operator's announced intention to expand its business in the region.

"The goal of Telekom Srbija is to position itself as a regional leader in the field of telecommunications. We have submitted a bid and it is now under review," Telekom said without revealing any details.

Telekom Albania is the second largest operator in Albania.

Average download, upload speeds via landline internet connections in Romania advance 18pct in 2017

Average download and upload speeds in Romania via landline internet connections increased by 18pct in 2017 compared with the previous year, according to statistics released on Tuesday by the National Authority for Communications Administration and Regulation (ANCOM) based on tests conducted on Netograf.ro - the ANCOM application for testing Internet service quality.

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