Support The Moscow Times!

Serbia Doesn't Want Russia

Serbia hopes billionaire Mikhail Fridman won’t prevail in the tender for the national phone company Telekom Srbija, after he showed preliminary interest in it through VimpelCom Ltd. and Turkcell Iletisim Hizmetleri, Blic reported, citing an unidentified government official.

The government “does not have the best experience with Russian management” after it sold its national oil company to Gazprom Neft two years ago, the newspaper reported. It also quoted the government’s economic adviser, Jurij Bajec, who denied that there would be any bias in the sale of 51 percent of Telekom Srbija.

Other potential bidders include Deutsche Telekom, Telekom Austria, France Telecom, America Movil and Orascom Telecom Holding through Weather Investments.

(Bloomberg)


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.