American mobile buys Telekom Srbije tender documentation

American Mobile has purchased the tender documentation required for participating in a tender for purchasing Telekom Srbija shares, BETA learned on Nov. 27 from sources in the government. American Mobile is a U.S. company owned by the world's richest man Carlos Slim, whose fortune is estimated to be worth $83 billion.

American Mobile is run by the Slim family and AT&T, the U.S.'s biggest telephone company. Slim owns 45 percent of the company, AT&T owns 25 percent, while the rest is owned by minors shareholders and one fund. American Mobile is a massive corporation with over 211 million mobile telephone and 25 million stationary telephone subscribers.

According to BETA's information, the Greek OTE telecommunications company will definately sell its 20 percent stake in Telekom Srbije. The decision will officially be disclosed by year-end. The Serbian government cited "enormous interest" on Nov. 26 as the reason for extending the deadline for purchasing the tender documentation for Telekom Srbije to Dec. 10. The papers have so far been purchased by Telekom Austria, Deutsche Telekom and France Telecom.

News source: EMG.rs link: article