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Just two bidders reportedly remain for Telekom Slovenije after US private equity firm Providence pulled out of the privatisation process.
Deutsche Telekom, widely considered to be the favoured buyer, and London-based PE firm Cinven are the two still in the running for the state’s majority stake in the Slovenian incumbent, local newspaper Finance reported citing unnamed sources.
Polish telecoms and DTH operator Cyfrowy Polsat is seeking shareholder approval to launch a bond programme of up to PLN1bn (US$287.35m).
The debt would be issued before 15 July next year, possibly in more than one tranche, the company said in a notice to shareholders on an EGM set for 16 January.
German mobile operator Vodafone Deutschland has obtained a €350m (US$429.5m) loan from the European Investment Bank (EIB) to expand and upgrade its network.
The project, the total cost of which has not been disclosed, will take place in 2014 and 2015, EIB said.
The Canadian government has announced that 60% of the 50 MHz of AWS-3 spectrum it plans to auction next year will be reserved for smaller players and new entrants.
The industry ministry Industry Canada said the tender will begin on 3 March 2015 and wants the frequencies to be deployed to improve coverage in rural areas.
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