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Telecoms news from Serbia
Telenor Serbia Buys Local Bank
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 Wins 5-Year Managed Services Contract in Serbia
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.
Solar Powered "Strawberry Tree" Installed in Serbia
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 Serbia Upgrades Network to HSPA+ Capability
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.
OTE Sells 20% Stake in Telecom Serbia for $491 Million
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.
VelaTel Takes Controlling Stake in Serbian ISP
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.
Greece's OTE Looking to Sell Minority Stake in Serbian Telco
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.
Serbian Government Cancels Privatisation of Telekom Srbija
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 Raises Offer to Buy 51% Stake in Telekom Srbija
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.
Serbian government Refutes Reports of Cut-Price Sale of Telekom Srbija
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 Submits Sole Bid for Government Stake in Telekom Srbija
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.
Telenor Serbia Launches Mobile Payments Service
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 Wins Serbian Billing Contract
Sitronics says that it has signed a new contract for Technical Support and Managed Services with Serbian telecom operator Telekom Srbija. ...more.
Egypt's Sawiris Eyeing Investments in Poland and Serbia
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 to Cut 120 Jobs
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.
Telenor offers euro1M for Serb fixed phones license
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.
Telenor Q2 Profits Slide on Serbian Writedown
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 Awards Two CDMA Fixed-Wireless Licenses
Serbia's Telekom Srbije and Media Works have both been granted 10-year fixed wireless licenses based on CDMA technology. ...more.
Serbia's Vip Mobile Passes 1 Million Subscriber Mark
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.
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