Thursday, July 31, 2008

Bosnia and Herzegovina - privatisation

Telecoms privatisation prompts political debate

Reports from local news source suggest that privatisation of the Bosnian telecoms industry may face delays, with politicians in disagreement over what to do with the funds raised by the process. It is understood that three documents relating to the terms of privatisation have been withdrawn from parliamentary procedure. It is estimated that, once the process is complete, it could raise approximately BAM10 billion (USD7.95 billion), with the government divesting interest in operators including BH Telecom and HT Mostar.

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