The Croatian Competition Authority (CCA) has approved Telekom Austria’s acquisition of a controlling stake in the Croatian alternative fixed-line telco Metronet Telekomunikacije.
As previously reported in Broadband TV News, the deal, which is being undertaken through Telekom Austria’s Croatian subsidiary Vipnet for an undisclosed fee, was first announced in December 2016.
In a statement, the CCA says that it will benefit not only businesses, which have until now been the main focus of Metronet’s operations, but also residential customers.