Beograd press – Belgrade, Serbia

Telecommunications Minister Jasna Matic says that the Government still has not debated officially over the sale of this company.
We wanted to know why the story about sale of ‘Telecom Serbia’ has become so intensive at this particular moment.
‘It is so because we now finally have conditions required for the market to start functioning in this particular sphere. Also it is my opinion that the State has been poorly managing this enterprise until so far and that is not good for our economy. Telecommunications are one of chief sources of competitiveness’, Matic says.
According to her words there are already several companies which are interested in ‘Telecom Serbia’ One of them is ‘Deutsche Telecom’, a company which is already a minor shareholder.
‘During recent visit by Egyptian delegation, the ‘Orascom’ owner expressed huge interest in our company so ‘Orascom’ shall certainly participate in the tender’, Matic adds.
Another possible buyer is ‘Turk Telecom’.
Serbian Deputy Prime Minister Bozidar Djelic said yesterday that ‘after liberalization of the market ‘Telecom Serbia’ is ready for major private ownership’.
The trade union of ‘Telecom Serbia’ yesterday appealed on Serbian Government not to carry out major privatization of the company.