The Slovenian Compensation Company (SOD) appointed Citigroup Global Markets Limited as a financial advisor for the privatisation of Telekom Slovenije. The agreement was signed on 30 October 2013. The Slovenian government is determined to sell Telekom Slovenije (LJSE:TLSG) by the end of 2014. This is the third time the Government has considered selling the state’s stake in the incumbent telecommunications operator. In May, it prepared a privatisation plan with a set of 15 companies, including Telekom Slovenije, to be sold off. The National Assembly approved the privatisation plan on 21 June 2013.
Showing posts with label State-ownership. Show all posts
Showing posts with label State-ownership. Show all posts
Wednesday 13 November 2013
Saturday 26 October 2013
State ownership in European telecommunications incumbents
The European Union (EU) is
traditionally neutral on the ownership of enterprises and Member States are
free to choose the forms of ownership of their enterprises (European
Economy). Privatisation is not part of any legal obligations related to the
electronic communications regulation. However, most of the European
telecommunications operators have been privatised during the privatisation wave
of 1980-90s, spurred by liberalisation.
Slovenia is
in a group of five EU Member States that have retained majority state ownership
of their incumbent telecommunications operators: Luxemburg (100%), Cyprus
(100%), Slovenia (72% plus an additional approx. 3% indirect stake), Belgium (53,51%)
and Latvia (51%).
Subscribe to:
Posts (Atom)