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Telekom Srbija buys Bosnian operator

February 18, 2019 07.15 Europe/London By Chris Dziadul

Telekom Srbija-backed Mtel has acquired a 100% stake in the Bosnian operator Telrad Net.

In a statement, Mtel says that the acquisition of Telrad Net, which is based in Bijeljina, is part of a strategic plan geared towards positioning the company as a regional leader in telecommunications.

Telrad Net offers its customers fixed telephony, VoIP, IP telephony, cable TV and cable internet services.

Mtel is 65% owned by Telekom Srbija and no financial details of the transaction have been disclosed in the statement.

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Filed Under: Cable, Central & East Europe, Newsline, Platforms Tagged With: Bosnia & Herzegovina, Mtel, Telekom Srbija, Telrad Net Edited: 18 February 2019 07:17

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About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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