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Telekom Srbija completes Bosnian deal

September 5, 2019 08.12 Europe/London By Chris Dziadul

Telekom Srbija’s subsidiary Mtel has officially become the sole owner of Banja Luka-based Elta Kabel, one of the largest cable TV and internet providers in Bosnia & Herzegovina.

Capital reports that as a result of the acqusition, and in line with its business strategy, Mtel will have invested around €150 million in Republika Srpska and Bosnia & Herzegovina this year.

As previously reported by Broadband TV News, the acquistion of Elta Kabel by Telekom Srbija’s Mtel was initailly opposed by the regulator RAK.

However, Mtel successfully acquired the operators Telrad and BlicNet.

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Filed Under: Cable, Central & East Europe, Newsline, Platforms Tagged With: Bosnia & Herzegovina, Elta Kabel, Mtel, Telekom Srbija Edited: September 5, 2019 08:12

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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