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Telekom Srbija has accepted the bid by the French consultancy company Lazard Freres

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Telekom Srbija has accepted the bid by the French consultancy company Lazard Freres SAS to provide management consulting services in the process of privatising the Serbian telecoms operator.

The adviser is expected to establish a proposed privatisation model over the next two months, Telekom Srbija said in a statement.

As determined earlier, the adviser will first make an assessment of the company’s value, make an economic and legal analysis, as well as a market analysis.

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Afterwards, the consultant will be expected to propose privatisation models and prepare the timeframe and a methodological plan for the privatisation.

Based on the proposal, the majority stakeholder – the Serbian government – should take a decision on proceeding with the privatisation and accept one of the proposed models for selling share packages reports Tanjug.

Source; Balkans

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