Croatia’s Vipnet has acquired a 100% stake in the cable operator OKI and at the same time signed contracts to buy the business interests in Metronet’s residential infrastructure and the cable operator KTS.
As a result, its fibre coaxial network should reach an additional 27,000 homes in the cities of Zagreb, Zapresic, Samobor, Sibernik and Dubrovnik.
Commenting on the deals, Mladen Pejkovic, Vipnet’s CEO, said: “Our aim is to provide all existing and new customers with the best user experience and new services, that is, the best combination of services in diverse packages according to the best prices. Through investments in the infrastructure that will follow this acquisition we will strengthen the competitiveness of the local economy. With the acquisition of new cable operators we are continuing with the implementation of our convergence strategy that we began in 2011.”
Vipnet is owned by Telekom Austria and a leading provider of cable, IPTV and DTH services, the latter following its acquisition of Digi TV earlier this year.
