Telekom Srbija’s Bosnian subsidiary M-Tel has completed the acquisition of a 100% stake in the Banja Luka-based cable operator Blicnet.
As previously reported by Broadband TV News, the sale of Blicnet by Telekom Slovenije to M-Tel was first announced last October.
It was approved by the Council of Competition of Bosnia & Herzegovina despite the objections of Telemach, which is based in Sarajevo.
M-Tel also has plans to buy the Bosnian cable operator Telrad Net.