SLOVENIA TELECOM SUBMITS OFFER FOR COSMOFON
Telecom Slovenia lodged a formal offer to buy Cosmofon, the second largest mobile telephony operator in the country.
The Slovenian company said they were interested in acquiring 100% of Cosmofon's stake, revealing no details as to the financial part of the offer.
Telecom Slovenia has been present on the Macedonian market through On.Tel, a subsidiary of the second biggest internet provider in Macedonia On.Net, whose majority of stake the Slovenians bought almost a year ago.
"If the takeover of Cosmofon ends in favor of Telecom Slovenia, the operations on the Macedonian market will be completed and the Group will be able to offer a full range of telecommunication services," the announcement says.