And Then There Were Two
The remaining players are Skipti, the holding company that owns Iceland's main carrier Síminn , and a consortium of Bain Capital , Germany's Axos Capital GmbH, and Slovenian outfit BT Globalne storitve d.o.o., an affiliate of BT Group plc (NYSE: BT; London: BTA).
Local reports suggest the Slovenian government, which is selling the stake but still holding on to a 25 percent chunk of its national operator, will make a decision by the end of January. The winner gets a near majority holding in a carrier that is investing heavily in high-speed broadband in a small but increaisngly competitive market. (See Slovenia Snacks on Fiber Diet and Telekom Slovenije Reports H1.)
Deutsche Telekom AG (NYSE: DT) subsidiary Magyar Telekom, meanwhile, is looking for alternative prey in Eastern Europe. Its CFO, Thilo Kusch, told Hungarian business news outlet Portfolio.hu that Bosnia-Herzegovina, Kosovo, and Ukraine could provide some investment possibilities in the near future.
— Ray Le Maistre, International News Editor, Light Reading