M1 Limited, through its subsidiaries, operates in the telecom, retail, travel, real estate, fashion, and oil and energy business. It engages in providing mobile telecom services; acquiring and developing residential and retail properties in Europe, the United States, and the Middle East; and leasing aircraft to third parties, including airlines. The company also manages retail fashion businesses internationally; engages in the exploration, production, refining, distribution, and marketing of oil and gas; provides travel services; manages financial assets by investing in various asset classes, including money markets, equities, bonds, options, derivatives, commodities, mutual funds, hedge fun...
Omar Daouk Street
Beirut, 2020 3313
Founded in 1960
Post and Telecommunications Receives Two Bids For Its Privatization
Apr 4 13
Post and Telecommunications of Kosovo J.S.C. has received two bids for the privatization of its 75% stake by Kosovo. The statement from Kosovo’s economy ministry showed that the bids have been submitted by M1 Limited and a consortium made up by ACP Axos Capital GmbH and Najafi Companies. Besim Beqaj, Economy Minister And Chairman Of The Committee of the sell-off procedure of Kosovo said that the financial offers will be opened publicly and the winner will be selected on the basis of the price offered. Besim added that the submitted offers meet the legal requirements of the privatization tender. Beqaj also said that after reviewing the bids, the committee will suggest further steps to the government which will have the final say.