State-run Serbian operator considers Telekom Albania purchase

TIRANA, Oct. 1 – Greece’s OTE Group, where Deutsche Telekom holds a 40 percent stake, is planning to sell its Telekom Albania unit, the country’s second largest mobile operator with a state-run Serbian mobile operator reported as a frontrunner to acquire the key asset, according to international media reports. “Serbia’s state-run Telekom Srbija has made an offer to acquire Telekom Albania as it looks to expand in the Balkans. Czech PPF Group and Bulgaria’s Vivacom are also vying to acquire it,” Reuters reports, citing Serbian media. Turkish and Greek companies are also reportedly interested in acquiring the German-Greek operator, according…