Telekom Austria, private equity funds eye Serbia's SBB

Monday 19 August 2013 | 09:18 CET | News
Interactive webinar: Vodafone Ziggo deep dive. What is the strategy for the coming years? Where does it stand in relation to its competitors? Join us on January 21st 14:00 CET for a professional profile of VodafoneZiggo in 45 minutes. Register here ...
Telekom Austria is back in the race to purchase Serbian cable operator Serbia Broadband (SBB), together with private equity funds, for up to EUR 1 billion, sources close to the matter told Bloomberg. The other bidders included private equity groups Providence Equity Partners and Cinven Advisers, as well as Altice Finco. SBB, which also has a unit operating in Slovenia, is owned by London-based private-equity firm Mid Europa Partners. The cable operator could be sold for as much as 10 times its estimated EBITDA. Telekom Austria would have to sell new shares to fund the purchase, according to

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.


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: Fixed
Companies: A1 Telekom Austria / Altice Europe / SBB
Countries: Serbia
::: add a comment

Add 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.


KKR to buy SBB/Telemach from Mid Europa

Published 15 Oct 2013 16:51 CET | Eastern Europe
Kohlberg Kravis Roberts has agreed to acquire the European cable operator SBB/Telemach from Mid Europa Partners. The executive ...

United Group sale to be completed by year's end - report

Published 12 Sep 2013 13:00 CET | Eastern Europe
The sale of Balkan DTH and cable TV group United Group should be concluded by the end of the year, with potential buyers ...

Telekom Austria eyes expansion, investment in E Europe

Published 05 Sep 2013 11:40 CET | Eastern Europe
Telekom Austria is looking to exploit America Movil's investment in the company by expanding in Eastern Europe. In an interview ...

Telekom Austria wants OIAG to remain largest shareholder

Published 29 Aug 2013 09:36 CET | Austria
The supervisory board of Telekom Austria fears that the government would lose its dominant position in the company if a potential ...

Telekom Austria drops out of race for SBB/Telemach - report

Published 02 Aug 2013 10:43 CET | Austria
Telekom Austria has dropped out of the race for Balkan cable and satellite group SBB/Telemach, claims Vienna-based economic daily ...

Telekom Austria eyes takeovers in Croatia, Serbia

Published 26 Jul 2013 09:44 CET | Eastern Europe
Hannes Ametsreiter, executive director of Telekom Austria, said that the Austrian company is considering takeovers in Croatia and ...

Serbia's SBB up for sale this year - report

Published 14 May 2013 10:37 CET | Serbia
Serbian cable and satellite provider SBB could get a new owner by the end of the year, according to local daily Blic. The ...

Telemach, SBB, Total TV form United Group of cable operators

Published 24 Apr 2013 14:47 CET | Bosnia and Herzegovina
Slovenian cable operator Telemach has joined the United Group, a group of regional operators that also includes Telemach Bosnia ...

Calendar   /   Industry Events

19 Jan Netflix Q4 2020
19 Jan Telefonica Germany Strategy Update
21 Jan Intel Q4 2020
21 Jan Modern Times Group EGM
::: More Calendar Items