Telekom debt has amounted to around 60m euros

Telekom debt has amounted to around 60m euros

On May 24th of 2017, Agron Mustafa was introduced as Telekom's hero at the moment when he signed the new contract with Z-Mobile company, declaring he is saving Vala from bankruptcy. At the time, Telekom was said to pay only judicial expenses, until according to the agreement, Z-Mobile will get in [...]

At the time, Telekom was said to pay only judicial expenses, until according to the agreement, Z-Mobile will take over from Vala and 100 thousand new numbers, as well as service 3 and 4 G. Other details remain to this day undiscovered to the public.

The difficult talks had been called Mustafa, until Z-Mobile said he gave up his debt research, KTV reports.

But before a full calendar year, this money is being required to save Telekom from bankruptcy.

The new Telekom board asked the government for less than 60m euros.

According to documents that Kohavision has seen, this is also estimated at 23 million, which Telekom owes Z-Mobil for the damages that, according to the Arbitrazhi Court, caused them to disobey the agreement signed in 2008.

So far, Z-Mobile has been paid over 7m euros, out of which 4.5m euros are cash, while around 2m euros have been dropped from 27 per cent of the revenues Z-Mobile owes to Telekom.

Whatever the case, Z-Mobile and Vala will no longer renegotiate the old contract, which expired in 2019, as under the same conditions this company will continue to receive services from Telekom until 2027.

On the other hand, the real debt Telekom has on suppliers is just over 15m euros, money owed to municipal services, media and several other suppliers.
About 3m euros are estimated to be debts to consumers or as untapped loans in customer accounts.

Monaco Telekom has been the company that had secured +377 prefix for wave numbers and debt that Vala has on this company, according to the March 2018 registry, totals about 5m euros.

0.45 cents a month has paid Vala for every number that has been active, as much as paid for over 200 thousand numbers of Z- Mobile Company, so in the debt register that other companies have for Telekom is also the amount of about 9 million euros that Dardafon.net or Z-Mobile has had to pay Vala.

But that money was never paid for being clarified in the contract between Vala and Z-Mobile, which began implementation in 2009.

More than 62m euros that Kosovo Telecom has asked for from the state safe to pay debts to suppliers has also been estimated at the amount of about 15m euros the Finance Ministry had asked Telekom as a divide for 2017.

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