According to media, Telekom Slovenije has issued a call for expression of interest in TSmedia.
The mentioned subsidiary operates on the market as the leading provider of digital media content and advanced advertising solutions in Slovenia. The company co-creates the media space with one of the leading online media in the form of Siol.net, and represents the main Slovenian information centre with an access point to the Slovenian web (najdi.si), the bizi.si business assistant, the only official telephone directory in Slovenia (itis.si), and outdoor digital screens.
As a reminder, following the regular meeting of the Supervisory Board of the company in September, the company has started the procedures for the sales process of TSmedia. In 2019, the company recorded EUR 6.3m in net sales.
We note that such news are in line with Telekom Slovenije’s 2021 – 2025 strategy which includes consolidation in individual markets.
It is also noteworthy that Telekom Slovenije has recently stopped the sales procedure of its Kosovo based IPKO, which you can read about here.