News portal Slovenska Tiskovna Agencija reports Telekom Slovenije as saying that its fixed and mobile asset in Macedonia, ONE Telekomunikaciski (including on.net and Cosmofon) is encountering strong competition in the country, and that in the third quarter of 2011 it dropped from second to third place in terms of mobile market share, behind Telekom Austria-owned VIP Mobile. The market leader remains T-Mobile Macedonia – a subsidiary of Deutsche Telekom, held through Magyar Telekom. As reported by CommsUpdate, earlier this month the Slovenian incumbent telco increased its equity holding in ONE Telekomunikaciski to 53.99%, by acquiring the shares held by its Netherlands-based subsidiary SIOL through a series of capital hikes totalling EUR90 million (USD117.4 million).
Originally posted here:
OVETEL ONE losing ground in Macedonia, report says
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