Telekom

OpenCalais Metadata: Ticker

DTEG

Carlos Slim gives up on idea of buying Telekom - report

The new "game of poker" around Telekom Srbija will be played without Telekom Austria and its majority owner, Carlos Slim's America Movil.

The Vienna daily Presse reported this on Tuesday, adding that the reason is "the high price" asked for Serbia's state-owned telecommunications company - and its "low profitability."

Call for non-binding offers for Telekom

The Privatization Agency has issued an invitation for non-binding offers for the purchase of Telekom Srbija's capital, the Agency stated.

Individuals interested in the purchase, who meet the requirements for participation in the procedure, can submit non-binding offers for the purchase of Telekom's capital by 3 p.m. (local time) on August 2, 2015, at the latest.

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