Telekom Srbija, To Sell Or Not To Sell

Telekom Austria, the sole bidder for incumbent Telekom Srbija, is rumoured to have held talks with the Serbian government about raising its bid. Telekom Austria's initial bid was below the Serbian government's stated minimum price. CFW believes talks may be able to deliver a mutually beneficial deal. Although all other potential bidders declined to make an offer at the asking price, Telekom Srbija is uniquely attractive for Telekom Austria hence it may be willing to raise its initial offer._x000d_

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