VIPnetRSS

Serbian government extends bid deadline for national telco

The Serbian government has given Telekom Austria until May 3rd to improve on its offer for Telekom Serbjia

The Serbian government has given the sole bidder in its Telekom Srbjia sell-off 15 days to improve its offer. A fortnight ago, it emerged that Telekom Austria AG’s offer of €800-950m for the mostly-state-owned telco was the only bid received. The Serbian government, which owns 80 per cent of the telco, was hoping to attract offers in excess of €1.4bn for a 51 per cent stake in the company.

VIPnet to demonstrate LTE network this weekend

VIPnet will demo its LTE network in Zagreb this weekend

Croatian operator VIPnet has announced the completion of a successful LTE trial in the 800MHz “digital dividend” band freed up by the migration to digital television. The trial, which began in October last year, took place in Zagreb, and achieved data speeds of up to 150Mbps download and 50Mbps upload.