Telekom Srbija

From Wikipedia, the free encyclopedia

Телеком Србија Telekom Srbija

Type	Public
Founded	Jun 1997
Headquarters	Belgrade, Serbia
Key people	Mr. Draško Petrović (CEO)
Industry	Communications Services
Products	Fixed telephone Mobile telephone Broadband, Internet services IT/Network services
Employees	13 000
Website	www.telekomsrbija.com www.telekom.yu

Telekom Srbija is a telecommunication company based in Serbia, with its headquarters in Belgrade.

The company provides a range of fixed line, mobile, and Internet communications services in Serbia, but is expanding it's business abroad, in Bosnia and Montenegro. This expansion will lift Telekom Srbija among leading telecomunication companies in the region of South-Eastern Europe.

Ownnership structure:

80% JP PTT Srbija
20% OTE (Greek telecomunications company)

[edit] Investments and expansion

Telekom Srbija recently acquired the majority of Telekom Srpske's shares through a tender, for €646 million. The second-highest bidder was Telekom Austria with an offer of €467 million.

Telekom Srbija will also start it's operations in Montenegro in June 2007, after the company gained licence as a third mobile operator as a part of the consortium with Ogalar B.V. company. The consortium offered for the licence the sum of €16 million.