Mobi63

Telenor buys Mobi63 for $1.93bn

Norwegian telco Telenor acquired Serbia’s Mobi63 for $1.93bn in a public auction in Belgrade on Monday.Telenor won the auction by beating off bids from Austria’s Mobilkom and Egypt’s Orascom. Mobi63 was owned by the Serbian government and a consortium of Austrian investors. No ownership percentages were available. Telenor initially bid $1.658bn, around $600m more than […]

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