A consortium led by Hungary's main fixed-line telephone company has submitted a bid for a 51-percent stake in Macedonia's Maktel, Matav said Saturday.
Matav, majority-owned by a US-German consortium, has a monopoly in Hungary's wired telephone market until the end of 2001.
It joined the US Soros Investment Fund and the Greek investment and insurance group Interamerican Holding to form a consortium for the Maktel bid, Matav president Elek Straub was quoted as saying in the Napi Gazdasag business daily newspaper.
Greece's OTE and Slovenia's Slovenija Telecom companies are also bidding for the 300-million-dollar (339.6-million-euro) Maktel acquisition, Napi Gazdasag said.
Macedonia is one of the independent states created by the break-up of the former Yugoslavia -- BUDAPEST (AFP)
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