/* ----------------------------------------------- Comment out annoying Snap... ----------------------------------------------- */

Tuesday, November 07, 2006

Serbian Auction

Telekom Austria has officially won the Serbian 3rd Cellular bidding €1 over the €320m minimum. The price is hardly surprising seeing that Telecom Austria was the sole bidder.

This market is going to be really interesting with Telekom Austria going up against the state incumbent and Telenor. Telenor won the auction for the second operator Mobi63, bidding €1,513m with Telekom Austria coming second in the bidding.

Meanwhile, over the border in Bosnia, the auction for Telekom Srpske has been delayed until Nov 20th. I expect a repeat of the Telenor / Telkom Austria battle.