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Slovak Telekom to sell Rádiokomunikácie

SLOVAK Telekom (ST), Slovakia's dominant fixed-line operator, plans to sell Rádiokomunikácie, the branch of ST that secures signal transfer for TV and radio broadcasts.

The company's advisor, Wood & Company, should present ST with a short-list of bidders next week, the SME daily wrote.

ST expects that of the nine companies that have shown interest in Rádiokomunikácie, more than half will be short-listed.

The purchase price of the company may reach billions of crowns, according to estimates. ST would like to complete the sale by the end of this year.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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