Serbia extends deadline for TA

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Business

Telekom Austria AG (TA) has been given more time to improve its offer to take over a leading Serbian mobile services firm.The Serbian government – which holds 80 per cent in Telekom Srbija – said yesterday (Tues) it decided to give TA the chance to increase their takeover bid until 3 May.The Viennese telecommunications provider […]

TA rebuffed by Serbia

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Business

All eyes are on Telekom Austria (TA) after the Serbian government rejected a first takeover offer.TA announced last week it was ready to transfer “between 800 million and 950 million Euros” for a 51 per cent stake in Serbian telecommunications provider Telekom Srbija. No other firm handed in an official offer after rivals from France, […]

Greek challenge hits TA’s Serb bid

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Business

Telekom Austria’s (TA) efforts to acquire a majority of Serbia’s state-owned telecommunications company have suffered a significant throwback.The country’s federal Minister of Telecommunications and Information Society Jasna Matic confirmed reports that the government has been in talks with Greek firm OTE over the purchase of a 20 per cent share in Telekom Srbija.TA was being […]

TA seen in pole position for Serb snatch

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Business

Telekom Austria (TA) are considered favourites to take over a majority stake in Telekom Srbija.The Austrian company confirmed today (Fri) it has been looking at the tender papers for the planned sale of a 50 per cent interest in the Serbian telecommunications provider.France Telecom, Germany’s Deutsche Telekom and Egyptian firm Orascom Telecom are also interested […]

Serbia upset as TA eyes Kosovan firm

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Business

Telekom Austria (TA) confirmed today (Tues) it was interested in snatching a stake in a Kosovan telecommunication firm.A spokesman for TA, which leads the Austrian mobile services market, announced the company was one of five firms which have informed the Kovovan government of their interest in the 75 per cent share of state-owned PTK on […]

TA bags Bulgarian businesses

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Business

Telekom Austria (TA) continues to invest in Eastern Europe (EE) as it announced the acquisition of two Bulgarian companies today (Weds).Hannes Ametsreiter, general director of the firm, which dominates the Austrian mobile services market, announced TA’s subsidiary Mobiltel bought a 100 per cent interest in Spectrum Net AD and Megalan Network AD for 72 million […]

TA ‘interested in Telekom Srbija’

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Business

Telekom Austria (TA) is engaged in a bidding war for Serb telecommunications firm Telekom Srbija, according to reports.Belgrade daily Politika claims today (Fri) that the Austrian market leader has interest in taking a 50 per cent stake in the company from the Serb government. The report also has it that Germany’s Deutschen Telekom, Egyptian firm […]