Telekom

Serbian President Aleksandar Vucic said on Monday that he will talk to Albanian Prime Minister Edi Rama about reports that Serbian Telekom's planned investment in Albania's telecommunications company is not welcome.

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.

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.

Two Turkish deputy transport and transport ministers have been appointed to the Türk Telekom board of directors after two members of the company resigned. 

The Turkish Treasury and Finance Ministry has given the final approval paving the way for the transfer of a majority stake of Türk Telekom to a joint venture of creditor banks.

The transfer of a majority stake of Türk Telekom to a joint venture of creditor banks has been approved by Turkey's communication authority.

316 kilograms were found in 292 packages in a Croatian license plates truck driven by a citizen of Bosnia-Herzegovina, while another truck, with Serbian license plates, carried another 274 kilograms in 253 packages.

The Interior Ministry said that the suspects will be brought before a prosecutor, charged with illegal manufacturing and trafficking of narcotics.

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It was called regarding the situation with organized crime in Serbia and the killing of lawyer Dragoslav Ognjanovic, the Serbian government announced.

It enables the connection and interaction of a large number of different devices and sensors.

Brnabic said that this was a big step forward in digitizing the country, adding that the system that was designed would enable the domestic company to sell its solutions worldwide, which would facilitate its breakthrough to foreign markets.

JP Morgan has raised its target price for OTE telecom shares to 14.1 euros, expecting the Deutsche Telekom-owned company to expand further in the domestic market by adding to its broadband connection market share.

On Wednesday OTE's share price on the Athens stock market ended at 10.75 euros.