Tender for the privatization of Telecom Kosovo announced

The Ministry of Economy and Finance of Kosovo has announced the expression of interest for the sale of majority shares of Post and Telecom Kosovo (PTK). This company is currently owned by the Government.

The transaction advisor is a consortium of “TelCo AG” and “Wolf Theiss Rechtsanwälte GmbH”.

Details of the tender can be obtained at the website of the Ministry of Finance, http://www.mef-rks.org.

Government’s Privatization Committee formally invited interested parties, in particular telecom operators and financial investors with experience in the telecom sector, to send their written requests for the privatization of PTK.

The deadline for expressions of interest is September 13, 2010.

PTK is a public telecom company with more than one million mobile phone customers.