The unusual prolongation of the tender procedure for the sale of 54.3% of Optima telecom‘s shares tells the connoisseurs much more than the stereotypical rationale announced by HT on Tuesday through the Zagreb Stock Exchange. Let’s repeat it! The reason for the extension of the tender is the decision of the Agency for Protection of Market Competition (AZTN), dated February 28, requesting HT to amend the tender documentation and remove “proven relevant telecommunications experience” from the tender. The tender was supposed to formally end on Monday, March 2 at noon, and HT reported the extension to the public 24 hours after the deadline. The first thing that catches your eye is, why did AZTN wait for the last moment to change this?

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