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Serbia & Montenegro - Mobilkom wins Serbian mobile licence.

Europe Intelligence Wire

| November 08, 2006 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Telecompaper Europe)

Mobilkom Austria was awarded the third licence to operate mobile telephony services in Serbia, after submitting the sole bid, worth EUR 320 million. Boris Nemsic, CEO of Mobilkom's parent company Telekom Austria, said that while the licence price is relatively high, the overall operating price is reasonable, adding that his company views the Serbian market as underdeveloped and possessing great potential. It aims for its Serbian business to be profitable on an operating basis within three years of the launch. The buyer of the licence is contractually obliged to be fully operational within six months of …

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