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HN: Mexican business mogul rumoured to be interested in Telekom deal

The Hospodárske Noviny economic daily claims that in the deal concerning the sale of the state’s share in telecom operator Slovak Telekom, the Mexican mogul Carlos Slim is interested.

The Hospodárske Noviny economic daily claims that in the deal concerning the sale of the state’s share in telecom operator Slovak Telekom, the Mexican mogul Carlos Slim is interested.

Citing “the undisclosed, but well-informed source”, the daily wrote on Monday, April 22, that Slim, who has shares in several telecom companies showed interest. Slim himself did not comment on the allegation. The sale of shares in assessed at €600 to 800 million. However, experts opine that this rumour is more speculation than a viable plan, and that the second interested company, which is alleged to be the Slovak investment group Penta, seems more realistic. Penta has declined to comment, as well.

A majority shareholder in Slovak Telekom is Deutsche Telekom AG, which has the option to buy the remaining shares, according to the privatisation contract. However, it is not even certain whether the Slovak government has decided to sell its share in Telekom in the first place. It could keep its share and agree to better payment of dividends, the Hospodárske noviny concluded.

(Source: Hospodárske noviny)
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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