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Telekom sees 2019 profit eroded by buyout of media arm

Ljubljana, 2 April - Telekom Slovenije, the majority state-owned telecoms incumbent, posted a group net profit of EUR 1.2 million for 2019, a fraction of the EUR 33.3 million it recorded a year before, largely due to a one-off payment over a now dissolved media joint venture.

Ljubljana
The headquarters of the telecoms incumbent Telekom Slovenije.
Photo: AljoĊĦa Rehar/STA
File photo

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