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Kosovo extends bidding deadline for sale of telco PTK – media

Nov 23, 2012, 5:39:01 PMArticle by Nina Byalkova
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PRISTINA (Kosovo), November 23 (SeeNews) – Kosovo has extended to January 15 the deadline for the sale of a 75% state-held stake in local telco PTK, local media reported on Friday.

Kosovo extends bidding deadline for sale of telco PTK – media

The deadline extension has been granted in view of possible support for the process from financial institutions, particularly after the European Bank for Reconstruction and Development voted to make Kosovo a recipient country, news portal Koha (www.koha.net) reported.

The previous attempt to privatise PTK failed in 2011.

Five companies were shortlisted during the pre-qualification stage of the tender - Albright Capital Management LLC, in cooperation with Portugal Telecom; Columbia Capital, in consortium with ACP Axos Capital Gmbh, in cooperation with British Telecom - Poland (owned by British Telecom); M1 International Limited; Turkcell; Twelve Hornbeams in consortium with Avicenna Capital LLC, in cooperation with Sofrecom (part of France Telecom).

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