Slovenia ILEC in M&A hunt

Telekom Slovenije, the incumbent telco in Slovenia, has moved to buy a 75% stake in an Albanian ISP for about $5.7 million. Meanwhile, the Slovenian government said that at least 12 companies have submitted proposals to buy a 49% stake in Telekom Slovenije that the government has agreed to sell (The government will continue to hold a 25% stake post-sale).

The telco's status as both "the hunter and the hunted" (to quote Light Reading) is emblematic of how ongoing M&A continues to shape the international telecom landscape. Telekom Slovenije sees an opportunity to expand elsewhere and upgrade a customer base mostly unitiated in the ways of broadband, at the same time its position in its home market could be shifting.

For more:
- See this piece in Light Reading 

Suggested Articles

Do-it-yourself security systems are causing some shifts in the residential security and monitoring market.

U.K.-based toob has tapped Adtran to help it build a full fiber platform to deliver gigabit speeds to more than 100,000 premises by the end of 2021.

Red Hat on Wednesday announced it has added new developmental tools and automation capabilities to its latest version of OpenShift.