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.

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

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

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