Spectator on facebook

Spectator on facebook

FOCUS SHORT

Slovak Telekom and T-Mobile to merge

TWO major telecom companies operating in Slovakia, fixed-line operator Slovak Telekom and mobile operator T-Mobile Slovensko plan to merge next year. T-Mobile Slovensko is currently a wholly-owned subsidiary of Slovak Telekom, which is controlled by Deutsche Telekom. The merger plans were announced on October 15.

TWO major telecom companies operating in Slovakia, fixed-line operator Slovak Telekom and mobile operator T-Mobile Slovensko plan to merge next year. T-Mobile Slovensko is currently a wholly-owned subsidiary of Slovak Telekom, which is controlled by Deutsche Telekom. The merger plans were announced on October 15.

“We are convinced that through integration of the two companies we will form a modern telecommunications operator that will be able to react to all requirements of the market in a more comprehensive and effective way,” President and Chairman of Slovak Telekom's Board of Directors Miroslav Majoroš said, as quoted by the SITA newswire.

The merger of the two operators is in line with the strategy of the parent company Deutsche Telekom, which announced plans to integrate its fixed and mobile services divisions last year.


“The project of integration is of a long-term nature, it consists of many other partial projects, e.g. harmonisation of processes, interconnection of all information systems enabling a comprehensive view of the customer,” the press release stated.

Both companies obtained approval from their shareholders to launch preparatory works for integration. An initial analysis already carried out identified no obstacles that would prevent the legal merger of both companies.

Based on the experience of other companies that have undergone a similar process, Slovak Telekom and T-Mobile expect their full integration to be finished within two years from its start date.

Slovak Telekom is a member of the multinational Deutsche Telekom group. The Slovak Telekom Group comprises the parent firm, Slovak Telekom, and its affiliates T-Mobile Slovensko, Telekom Sec, Zoznam, and Zoznam Mobile.

Deutsche Telekom, based in Germany, is a majority shareholder of Slovak Telekom, controlling 51 percent of the company. The Slovak Economy Ministry holds 34 percent and Slovakia’s National Property Fund the remaining 15 percent.


The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Topic: IT


Top stories

Another For a Decent Slovakia protest was also joined by farmers

People took to the streets for the eighth time.

Farmers with tractors awaited the protesting crowd at the SNP Square in Bratislava.

Coronations return to Bratislava Photo

This year Bratislava will recall the coronation of Leopold II, the younger son of Maria Theresa.

Bratislava will again enjoy re-enactment of coronation ceremony

Police detain another person in promissory notes case

Ex-director of private broadcaster TV Markíza, Pavol Rusko, was detained shortly after being heard.

Pavol Rusko

Last Week in Slovakia: Farmers staged a protest by driving across the country Audio

Listen to all the headlines from The Slovak Spectator's news podcast.

Farmers also met President Andrej Kiska in Bratislava