Albania: PPF bids for sale of Telekom Albania
The sale of Telekom Albania continues, PPF Group, hot on the heels of their acquisition of Telenor’s opcos in Hungary, Bulgaria, Montenegro and Serbia earlier this year and their unsuccessful bid for United Group (which has operations in Serbia, Montenegro, Slovenia and Bosnia and Herzegovina), is now competing with Serbian state telecommunications company Telekom Srbija and Bulgarian Vivacom for Telekom Albania. Having carved out O2 Czech Republic’s assets into a separate infraco, it will be interesting to see how PPF decides to run their new Central and Eastern European assets.