News

Telekom Selling TSmedia

After recently selling its television company Planet TV, Telekom is selling TSmedia, the owner of web portals Siol.net, Najdi.si and Bizi.si.

Telekom Selling Planet TV and Seeking Strategic Partner For TSmedia

Earlier this year, the state-owned telecommunications operator Telekom was unsuccessfully seeking to recapitalize its television company Planet TV. If anyone responded to the invitation for recapitalization, they will be able to get a maximum stake of 49% in the company, which Telekom estimated at around EUR 5 million.) Telekom has thereafter amended the conditions of the initiated procedure, namely to change it to the sale of 100% share in the Planet TV. In 2019, Planet TV had approximately EUR 14.5 million in revenue and a net loss of EUR 1.7 million. Their plan, unofficially, predicts a…

SEE Legal Assisted Telekom Austria

The SEE Legal Competition Practice Group assisted with merger notification to Serbian and Macedonian authorities in connection to acquisition by Telekom Austria of two Macedonian companies.