WorldWide Tech & Science. Francisco De Jesús.
Telekom Austria has submitted a new bid for a 51 percent stake in Telekom Srbija, increasing its bid to EUR1.1 billion in cash payments, in place of a EUR800 million to EUR950 million payment with a subsequent EUR450 million capex commitment.
The company said that in the course of negotiations, “additional value-enhancing elements were identified,” primarily related to spectrum agreements and the extension of licenses.
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