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10. January 2003 - Friday
State, Karic in dispute over Mobtel ownership
BELGRADE – Serbia’s privatization minister Aleksandar Vlahovic said today that he expected the ownership structure of Mobtel, Serbia’s largest cellular telephone operator, to be settled by the end of January.
Business magnate Bogoljub Karic, who established Mobtel under the patronage of the Milosevic regime, disagreed today with Vlahovic’s assessment that the state would have a considerable majority of ownership in the company.
He told Belgrade media that the state owns only 49 per cent of Mobtel while his BK Group owns 51 per cent.
Unofficial sources close to the Serbian Government say that Karic will be left with no more than thirty per cent ownership in the company.
Minister Vlahovic told media that he expected the company to be privatized by tender, in a procedure which could begin as early as next month.

 
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