Telecoms news from Serbia
Telenor Serbia has announced that it is buying KBC Banka. Under the agreement, Telenor will buy the bank, while Societe Generale banka will acquire KBC Banka's portfolio of 81,000 customers. ...more.
Ericsson has signed a five-year managed services contract with Vip mobile in Serbia, for field maintenance services for access equipment and site infrastructure ...more.
Serbian mobile network, mt:s has installed a solar powered phone battery charger in the town of Vranje, in partnership with the local government authority and supplied by Strawberry Energy. ...more.
Telenor says that its Serbian subsidiary has completed the upgrade of its entire network to support HSPA+ at a theoretical peak download speed of 42Mbps. ...more.
Greece based OTE has announced the sale of its 20% stake in Telecom Serbia for EUR380 million. OTE will additionally receive a minimum dividend of EUR17 million for fiscal year 2011. ...more.
USA-based VelaTel Global Communications has signed an agreement to acquire at least a 51% controlling interest in Kerseyco and its Serbian operating subsidiary, VeratNet. ...more.
Greek telco, OTE is looking to sell its 20% stake in the Serbian telco, Telekom Srbija back to the country's government in an effort to reduce its own debt as the local economy contracts. ...more.
The Serbian government has decided to cancel the sale of its 51% stake in Telekom Srbija after it was unable to secure the EUR 1.4 billion it had set as a minimum bid. ...more.
Telekom Austria has raised its offer for a 51% stake in Telekom Srbija to EUR 1.1 billion, but will defer some of the payments, and cancel the initial network upgrade investment. ...more.
Telekom Austria Group has denied reports that it has raised its offer to the Serbian government for its stake in Telekom Srbija. ...more.
Telekom Austria Group has submitted a conditional bid in the region of EUR 800-950 million for the Serbian government's planned sale of a 51% stake in the country's incumbent operator, Telekom Srbija. ...more.
In Serbia, mobile network operator Telenor has introduced a new payment service called PlatiMo, which allows customers to pay their bills and perform other financial services via their mobile phones directly from their bank accounts. ...more.
Sitronics says that it has signed a new contract for Technical Support and Managed Services with Serbian telecom operator Telekom Srbija. ...more.
Egypt's Weather Investments, which is owned by Egyptian businessman Naguib Sawiris, is considering investments in Poland and Serbia, Sawiris has been quoted as saying. ...more.
Telenor Serbia has announced that it is to cut 120 jobs due to "forthcoming organizational changes", as well as the recent introduction of a special tax on mobile phone networks. ...more.
Norway's Telenor offered about euro1 million ($1.45 million) to acquire the license to become Serbia's second landline telephone operator, the country's telecommunications agency said Friday. ...more.
Norwegian telco, Telenor has reported a drop in Q2 profits of NOK 1.38 billion (US$220 million), compared to NOK 3.54 billion (US$563 million) a year ago - due largely to heavy impairment losses. ...more.
Serbia's Telekom Srbije and Media Works have both been granted 10-year fixed wireless licenses based on CDMA technology. ...more.
The Telekom Austria Group has announced that Vip Mobile, its Serbian mobile subsidiary has reached the 1 million subscriber mark only 20 months after the start of its operations. ...more.
US based telco, UNIFI Communications says that its subsidiary, Dardafone has signed an MVNO contract with Kosovo's main GSM network operator, PTK. Dardafone was granted an operating license by the regulator earlier this year. ...more.