Slovenia Telecom buys Kosovo web stake

PRISTINA -- Slovenia's Telecom bought 75 per cent of Kosovo's main Internet provider Ipko Net.

Telecom purchased the majority shares of Ipko Net for 19.5 million euros with ten million euros earmarked for investments in improving the infrastructure in the next two years, according to a statement issued by the company.

Ipko Net is a Kosovo company with over 100 employees, providing Internet services to businesses and residents, and covering about 80 per cent of the province's territory, it added.