Only one binding offer for a 73% share of Telekom Slovenije was received by the Slovenian Sovereign Holding before the deadline. Unofficial information hints that the sole binding offer was submitted by the British Investment Fund Cinven, while as the second most serious candidate the German Deutsche Telekom had been mentioned.

The analysts were deeply disappointed by one offer only, and now speculation on price are being made, as the success of the third attempt at privatisation of Telekom Slovenije depends on it. According to Finance magazine, the speculations on the price range between 105 and 115 euros per share.

Telekom Slovenije is preparing for a shareholders meeting on May 15, where payment of dividends will be discussed. The proposed dividend is 10 euros gross value, in total 65 million euros.

The representatives of the British Cinven at the occasion of their visit to Slovenia explained that they intended to preserve the state of the largest Slovenian telecommunication operator as an independent company, and to invest in upgrading of the networks.

"Telekom Slovenije has an excellent infrastructure, and good personnel as well. We believe we have the opportunity to create – just as we did in France, and in the Netherlands – s Slovenian champion. It means Telekom Slovenije would continue to operate as an independent company with headquarters in Slovenia, led by Slovenians," Thomas Railhac, one of the managers of the Cinven company explained during his visit in Slovenia in January. Railhac also explained that they had similar experiences from France and the Netherlands; in France they helped establish the presently largest cable operator at the French market, Numericable Group.

Due to the best infrastructure, and valuable trade mark, Telekom Slovenije has over the long haul the possibility to strengthen its market share and to grow, with the help of investments, Railhac was convinced. He also said that it was an attractive investment for their company, which would benefit Telekom Slovenije as well. It would prove that Slovenia was an attractive destination for successful foreign investments, he emphasized.

G. K., G. C.; Translated by G. K.