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General

Cinven confirms bid for Telekom Slovenije

Thursday 16 April 2015 | 14:07 CET | News
Cinven confirmed it filed the sole bid for the Slovenian's state's controlling stake in Telekom Slovenije. The private equity firm said that if it's bid is selected, it aims to "restore the company's position as a Slovenian champion". This will include significant investment in upgrading Telekom's network and plans to stop the erosion in revenues and return the company to sustainable growth. Investment would centre on expanding the fibre broadband and 4G networks, improving sales channels and customer service and optimising Telekom's product processes. "We believe that Telekom Slovenije

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Categories: General
Companies: Numericable / Telekom Slovenije / Ziggo
Countries: Slovenia
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