0
General

Deutsche Telekom to pay EUR 16 mln dividends to Slovak govt

Wednesday 20 May 2015 | 11:14 CET | News
Following the extraordinary Slovak government meeting on 19 May, the Minister of Finance and the Interim Minister of Economy Peter Kazimir announced that Deutsche Telekom will buy the remaining 49 percent of shares in Slovak Telekom from the government. The parties agreed on the payment of dividends of EUR 16 million from 2014 profits. The Slovak government plans to use the proceeds from the sale to reduce public debt.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Deutsche Telekom / Slovak Telekom
Countries: Slovakia
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Slovak Telekom opens artifical summer beach on Danube

Published 11 Jun 2015 21:09 CET | Slovakia
Slovak Telekom has opened its annual summer riverbank beach installation, Magio Beach. The operator offers a Wi-Fi network, a ...

Deutsche Telekom appoints head of personnel transformation

Published 26 May 2015 13:27 CET | Germany
Deutsche Telekom said it is appointing Dietmar Welslau to transform the human resources (HR) division across the entire group, ...

DT agrees Slovak Telekom buy-out for EUR 900 mln

Published 19 May 2015 13:26 CET | Slovakia
Deutsche Telekom announced an agreement to acquire the remaining 49 percent in Slovak Telekom it does yet own from the Slovakia ...

Slovak Telekom to be sold directly instead of via IPO

Published 08 May 2015 10:08 CET | Slovakia
Shares in Slovak Telekom are to be sold directly and not via the stock exchange after all, after the government received a more ...