• A-
  • A
  • A+
Tuesday, June 19, 2018, 

Telekom Austria becomes sole owner of one.Vip

Telekom Austria becomes sole owner of one.Vip

Ljubljana, 11 November 2017 (MIA) - Slovenia's Telekom Slovenija said it has sold its 45% share in Macedonian peer one.Vip for €120 million to Telekom Austria.

With this transaction, Telekom Slovenija has withdrawn in full from the ownership structure of the Skopje-based telecommunications company, while Telekom Austria has become the sole owner.

In 2014, Telekom Austria and Telekom Slovenija agreed on a merger of their Macedonian subsidiaries Vip Operator and One. After the merger, Telekom Austria held 55 percent of the merged entity, Telekom Slovenija the remaining 45 percent. The deal included until 2018 also a call and a put option for the exit of Telekom Slovenija.

The agreement also included a call and put option for Telekom Slovenija, which could be called in three years following the conclusion of the merger. sk/14:51

###

All Rights Reserved.This material may not be stored, published, broadcast, rewritten or redistributed in any form, except with the prior express permission of Macedonian Information Agency.



NO RELATED NEWS

Mosaic

Private jet once owned by Elvis Presley for sale-again

A private jet once owned by Elvis Presley that has...

Mexicans jubilant over World Cup win trigger earthquake sensors

Mexicans jumping in jubilation on Sunday shook the...

Ewan McGregor to star in The Shining sequel "Doctor Sleep"

Ewan McGregor has been cast as the adult Danny Tor...

Christian Louboutin wins one more legal battle over red soles

The EU Court of Justice has ruled in favor of Chri...

Celebrity chef Anthony Bourdain found dead at 61

US celebrity chef and television personality Antho...

Top