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Slovenia: Schoenherr advises Telekom Slovenije on its acquisiton of Debitel

10 Mar 2015

Schoenherr advised Telekom Slovenije, d.d. on its acquisition of Slovenian mobile virtual network operator (MVNO) Debitel telekomunikacije, d.d. (Debitel) from the sellers ACH, d.d., Adria Mobil, d.o.o., and Svema Trade, d.o.o. The deal, which was announced on 27 February 2015, will be concluded after obtaining required merger control approvals. The parties agreed not to disclose further details, including the purchase price amount, until the completion of the transaction.

The Telekom Slovenije Group is among the most comprehensive communication service providers in South-Eastern Europe. In addition to being the main national telecommunications operator in Slovenia, it also operates through its subsidiaries on other markets of South-Eastern Europe. Founded in 1998, Debitel currently has 90,000 users, making it the fourth-largest wireless provider in Slovenia.

"It is a great pleasure for us assisting Telekom Slovenije on this transaction. Thanks to the exceptional professionalism and efforts of the involved parties and their representatives and advisors, the parties managed to agree on the commercial terms of the transaction and to align the transaction documentation within the shortest possible time," said Marko Prusnik (partner, Ljubljana; Corporate / M&A), who led the Schoenherr team advising Telekom Slovenije on the transaction.

While Prusnik led the transaction team, Eva Skufca (partner, Ljubljana; EU & Competition) and Christoph Haid (partner; EU & Competition) were in charge of advising on the transaction’s competition law-related questions and aspects. Schoenherr’s transaction team further consisted of Eva Mozina (senior associate, Ljubljana; Corporate / M&A), Jelena Malnar (associate, Ljubljana; Corporate / M&A) and Primoz Sega (associate, Ljubljana; Corporate / M&A), while Matija Rencelj (associate, Ljubljana; EU & Competition) was part of the team providing competition law advice.

The sellers were advised by the Ljubljana law firm Senica.

Matter Type
M&A: Acquiror's Counsel
Industry
Technology, Media & Telecoms
News Category
M&A
Technology, Media & Telecoms