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Serbian govt invites bids for Telekom Srbija

2015-07-03 12:37:00| Telecompaper Headlines

(Telecompaper) Serbia's Privatization Agency has published a public invitation for non-binding bids for the state's stake in Telekom Srbija. The applicants must demonstrate that they have been a provider of mobile telecom services over the last three years. In addition, any bidders must have in three audited fiscal years average annual revenues related to telecom services exceeding EUR 500 million, raised total funds of at least EUR 500 million over the last 10 years, had assets under management of at least EUR 2 billion as of end 2014, pr was an investor in the last 10 years via a minimum equity shareholding of 10 percent in at least one telecom operator with annual revenues related to telecom services exceeding EUR 500 million in at least one given year of the investment period. Interested domestic or foreign entities fulfilling the conditions must submit to the agency a request for delivery of documentation for the first phase of the procedure by 23 July. The deadline for submitting non-binding offers is 2 August. After the Commission for carrying out the procedure short lists the bidders, the Agency shall invite them to participate in the second phase of the procedure.

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Serbian govt starts privatisation of Telekom Srbija

2015-06-26 09:34:00| Telecompaper Headlines

(Telecompaper) The Serbian government has launched an initiative to privatise Telekom Srbija, tasking the Ministry of Economy and the Privatisation Agency to set the plan in motion, reports news agency Beta. The state has a majority stake in the company with 58.11 percent of the shares. Another 20 percent are owned by the company, 14.95 percent by citizens, and employees own 6.94 percent of Telekom Srbija shares. A public call for bids to select a privatisation advisor for the company was issued on 05 February. In March, Telekom Srbija accepted the bid by the French consultancy Lazard Freres to provide management consulting services in the privatisation process.

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Vodafone Australia wins govt funding for 70 base stations

2015-06-25 14:02:00| Telecompaper Headlines

(Telecompaper) Vodafone Australia has secured government funding for 70 base stations in regional areas of New South Wales, Tasmania, Queensland, Western Australia and Victoria under the Mobile Black Spot Programme. Vodafone says it has invested over AUD 3 billion in its new mobile network over the past three years. Vodafone will use this federal funding to expand its network into more parts of Australia, offering mobile service to customers in regional areas "which currently do not have coverage or choice", the company said.

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Telstra, Vodafone win govt funding for rural base stations

2015-06-25 02:00:00| Total Telecom industry news

Telcos to roll out or upgrade 499 base stations to improve mobile coverage using their own investment and that provided by the state; Optus failed to win funding in tender.

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German govt clashes with Bavaria over nuclear storage site plan

2015-06-19 17:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The German government presented a plan on Friday for four interim storage sites to host nuclear waste now piled up at plants in France and Britain, but the move drew criticism from Bavaria, which wants none of the material. After Japan's Fukushima nuclear disaster in 2011, Germany decided to shut all of its nuclear plants by 2022, but still has to work out how to handle tonnes of highly radioactive waste. Original plans to turn an interim nuclear waste storage site in salt formations in Lower Saxony's...

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