France Telecom SA spokesperson has revealed that the company has decided not to take part in the privatization of Serbian telecom operator, Telekom Srbija, as it considered the asset too expensive.
According to the company’s spokesperson, they have studied the tender offer but decided not to take part in the bidding process notably because they considered the asking price too high.
A series of companies including VimpelCom Ltd., Weather Investments SpA, Telekom Austria AG, America Movil SAB, Turkcell and Deutsche Telekom AG have applied to take part in the tender.
Final bids are expected at the end of March.
http://www.wiireless.com/251865-france-telecom-wont-bid-for-telekom-srbija-stake/
http://www.wiireless.com/251865-france-telecom-wont-bid-for-telekom-srbija-stake/
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