Prishtina, 25 June 2012 - Today the international media published the invitation for prequalification for companies interested in the privatization of 75% of shares of the Post and Telecommunication of Kosovo. The prequalification criteria were adopted in Friday, 22 June 2012, at the regular meeting of the Government Committee for Privatization of PTK (GPC).
The prequalification criteria adopted by the GPC were adopted pending a detailed analysis of the telecommunications market and potential investors interest.
The Government Privatization Committee for PTK considers that the adopted prequalification criteria is in full conformity with the objectives set by the Government and Assembly of Republic of Kosovo, aimed at ensuring a transparent and competitive privatization process and to developing the telecommunications sector in Kosovo.
Through such criteria, GPC wishes to identify telecommunication operators and financial investors with experience in the telecommunications sector, who have sufficient financial, technical, managerial and organizational capacities to successfully manage the Company.
During May, the Government Committee, assisted by the Transaction Advisor, has organized investors conferences in London and Istanbul. During these conferences PTK investment possibilities were presented and opinions of all investors interested to successfully implement this significant project for our country were collected. The abovementioned conferences have also served as a good basis for the development of prequalification criteria.
GPC and the Transaction Advisor consider that the adopted prequalification criteria will ensure adequate competition and equal treatment of all potential investors.