Slovenian incumbent Telekom Slovenije has increased its equity holding in Macedonian alternative fixed line operator and mobile provider 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). On 12 December 2011 the Slovenian telco purchased a further 11.15% share of ONE for EUR30 million, following which it snapped up an additional 8.14% stake for a similar amount of money on 19 December.
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OVETEL Telekom Slovenije ups ONE stake to 53.99%
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