The Council of Competition of Bosnia & Herzegovina has approved the sale of the Banja Luka-based cable operator Blicnet to Telekom Srpske (M-Tel), a subsidiary of Telekom Srbija.
According to Capital, it has done so despite the objections of Telemach, based in Sarajevo.
Blicnet is one of the leading providers of triple-play services in the country and has until now been owned by Telekom Slovenije.
As previously reported by Broadband TV News, news of the sale was first announced in October 2018.
