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Slovenia Telecom eyes Cosmofon sale (Slovenia)

  • November 24th, 2008
  • 1:38 pm

Slovenia Telecom shows interest in buying Cosmofon, the second mobile and landline operator in Macedonia. Cosmofon, a subsidiary of Greek OTE, is likely to be put on sale in February or March 2009 driven by protection for the competition, after Deutsche Telecom acquired 25% of OTE.
Slovenia Telecom is in talks with various financial institutions for a loan of $508.76 Million for the takeovers planned by the operator in the region. Apart from Cosmofon, Slovenia Telecom also eyes majority shares in BH Telecom, and also seeks opportunity to incest in Croatia.