The increasing likelihood of the Serbian telecom being sold to Deutsche Telekom could cause a shake-up on the telecommunications market of BH, or even some structural changes.

Analysts underline that acquiring the Serbian state telecom would make DT (already an indirect minority shareholder in HT Mostar) the majority shareholder in Telekom Srpske (owned by Telekom Srbija). That way, DT would obtain a dominant position which would not be legally sustainable.

In that case, the Competition Council of BH would need to request from the German company to divest one of its shares in BH telecoms. The logical choice then would be HT Mostar, Branko Kecman of Advantis Broker believes. HT Mostar also said that DT indirectly entering Telekom Srpske would give work to the Competition Council.

However, director Stipe Prlic declined to speculate how that would affect the future privatization of the Mostar operator.