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CEO Dismisses Speculation: Telekom Serbia Has No Plans to Sell Its Shares

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Telekom Serbia CEO Vladimir Lucic said this state-owned company has no intention of selling any shares, but only plans to expand its business.

In an interview with the pro-government Happy TV, Lucic said there will definitely be some regrouping in the Western Balkans in 2024 and that some other operators will sell their shares, but not Telekom.

He said Telekom has had problems operating in Kosovo ever since Kosovo Prime Minister Albin Kurti’s regime came to power, whose goal it to make life difficult for the Kosovo Serb community and to shut down Serbian companies.

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Deputy leader of the opposition Freedom and Justice Party (SSP) Marinika Tepic said in an X post on February 4 that “the regime is preparing in secret with Cerberus (investment) fund to sell 20 percent of the shares of the state-owned Telekom,” and told N1 that this shows that Telekom in no longer able to cover its losses with loans.

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