BRNABIC: No reason for the government to question the decision of Telekom on the purchase of Kopernikus

Serbian Prime Minister Ana Brnabic stated today that the Government of Serbia could question the decision of Telekom on the takeover of Kopernikus, but that she didn't see why it would do so.

– Telekom is fighting for its share of the market the best it can – Ana Brnabic said at the press conference at the Government of Serbia.

In early November 2018, Telekom Srbija bought the cable operator Kopernikus Technology for a little under EUR 200 million.

Responding to comments made by experts saying that the price is to high, Telekom said that Kopernikus had been bought under market terms and prices and that the transaction was partially funded from their own assets and partially through a credit arrangement, under extremely favorable market conditions.

The director of Telekom, Predrag Culibrk, recently stated that the company, in which the state has a 58.1% stake, will continue buying cable operators as part of its development strategy.

Vlada Republike Srbije

Telekom Srbija a.d. Beograd

Moja Supernova doo Beograd

Government of Serbia

Telekom Srbija

Kopernikus Technology

cable operator

Ana Brnabic

Predrag Culibrk