Slovenia exploring sale of Telekom Slovenije stake

Slovenia exploring sale of Telekom Slovenije stake

Slovenia’s government is mulling a potential sale of all or part of its holding in Telekom Slovenije.

The state is the majority shareholder in the fixed and mobile provider with a 62.54% direct interest, while state entities Kapitalska druzba (KAD) and Slovenia Sovereign Holding (SDH) respectively hold a further 5.59% and 4.25% in the operator.

Local news outlet RTV Slovenia reported that the government had approved an annual capital investment plan for SDH, noting that the holding company has previously stated that it is seeking a partner to invest in Telekom Slovenije.

RTV Slovenia’s report states that SDH is “planning an analysis of the industry, an analysis of the Telekom Slovenije Group’s operations, an in-depth analysis of competition, a look at consolidation options and an overview of possible activities to increase the company’s value and value for owners.”

TeleGeography reports that the Slovenian government has made three previous attempts to privatise Telekom Slovenije. Its most recent offer was made by UK-based Cinven in 2015, but was retracted after the parties failed to agree on the terms of the transaction.

MORE ARTICLES YOU MAY BE INTERESTED IN...


Sign-up to our weekly newsletter

Keep up-to-date with all the latest news, articles, event and product updates posted on Developing Telecoms.
Subscribe to our FREE twice-weekly email newsletters for the latest telecom info in developing and emerging markets globally.
I agree with the Terms and conditions and the Privacy policy
By accepting occasional e-mails from our partners, inviting you to download articles, white papers and attend events, you are helping fund free access to this valuable news service for emerging markets.