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Serbia & Montenegro - Telenor buys Mobi 63 for EUR 1.5 billion.

Europe Intelligence Wire

| July 31, 2006 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Telecompaper Europe)

Telenor has won the auction for state-owned Serbian mobile operator Mobi 63. The company acquires 100 percent of the mobile operator and a ten-year licence for GSM 900/1800 and 3G services for a total EUR 1.513 billion. The Norwegian operator is already active in a number of neighbouring countries. There are currently two mobile operators in Serbia and according to Telenor …

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