Slovene Telekom buys Bosnian telecoms firm Telrad Net

Telekom Slovenije, D.d

18/07/2014 11:02

LJUBLJANA, July 18 (Reuters) - Slovenia's largest telecoms 
company Telekom Slovenia  TLSG.LJ  bought Bosnian telecoms firm 
Telrad Net d.o.o., expanding its business in Bosnia where 
Telekom already provides telecom and internet services. 
    "The Telekom Slovania group has a strategic goal to 
strengthen its position of a strong regional telecommunication 
operator in the markets of Southeastern Europe," Telekom said in 
a statement, giving no details on the purchase price. 
    State-owned Telekom, which is slated for privatisation, also 
has units in Croatia, Montenegro, Kosovo and Macedonia. 
    Slovenia's outgoing centre-left government of Prime Minister 
Alenka Bratusek suspended all privatisations until the new 
government is formed following the snap general election which 
was held on Sunday. 
    Political newcomer and legal expert Miro Cerar, whose 
centre-left SMC party won the election, had said he would 
reconsider the sale of strategically important firms like 
Telekom.  ID:nL6N0PD37W  
    Cerar will start coalition talks next week. His government 
is expected to be in place in September. 
    Sources close to the deal told Reuters telecom firms 
Deutsche Telekom  DTEGn.DE  and Turkcell  TCELL.IS  and 
investment companies CVC  CVC.UL , Cinven  CINV.UL , Providence 
and Apax could be interested in purchasing Slovenia's Telekom. 
     
 
 (Reporting By Marja Novak and Arno Schuetze, editing by William 
Hardy) 
 ((Marja.Novak@thomsonreuters.com)(+386-8-205-6369)(Reuters 
Messaging: marja.novak.thomsonreuters.com@reuters.net)) 
 
Keywords: SLOVENIA TELEKOM/