Slovenian, Austrian Telcos Merging Subsidiaries in Macedonia

Ljubljana, 22 October - Telekom Slovenije and Telekom Austria, rivals in the Slovenian mobile services market, have decided to join strengths in Macedonia, merging their subsidiaries. Telecom Austria will hold a majority, 55% stake, in the new merged company, Slovenia's national telco Telekom Slovenije said in a press release on Wednesday.

Telekom Slovenije joins strengths with Telekom Austria in Macedonia.
Photo: Tamino Petelinšek/STA

The rest of this news item is available to subscribers.
The news item consists of 1.065 characters (without spaces) or 200 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

© STA, 2014