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Orascom serious about Telekom privatization

Orascom serious about Telekom privatization 29 May 2010 | 13:53 | Source: Tanjug BELGRADE -- Telecommunications Minister Jasna Matić said that Egyptian operator Orascom Telecom has a good chance of winning the Telekom Srbija tender. Two months ago during a visit of Egyptian businesspeople to Belgrade, the owner of the company express his intentions to participate in the tender for buying a majority share of Telekom Srbija. Matić said that Egypt’s International Cooperation minister told her that Orascom is interested in having a presence on the Serbian market. “I think that their intentions are serious. Orascom is a serious company and we can be content that there will be great competition in trying to buy our national operator,” Matić said. She reminded that Orascom officials stated that “this time they would not allow someone else to win, like it happened when the company participated in the tender for the sale of Mobtel, when Telenor offered a better price.” Egypt has had success in developing information and communication technologies and Orascom is an important company with a presence in many countries, among them Italy and Greece, Matić said. Matić said that along with Orascom, Deutsche Telecom and companies from Turkey and Spain are also interested in the Telekom tender.


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