The Serbian incumbent Telekom Srbija has acquired the cable operators Radijus vector and AVcom for an undisclosed fee.
Furthermore, according to Vladimir Lucic, the group’s internet and multimedia coordinator and director of Mtel, quoted by b92 in an interview with Blic, it is negotiating to buy five more, smaller operators, with the deals expected to be concluded in the first quarter of this year.
Lucic added that the acquisitions are part of Telekom Srbija’s ‘million plus’ strategy, the aim of which is for the telco to reach over 1 million TV and internet customers.
The two new acquisitions have seen Telekom Srbija add 120,000 TV and internet subscribers in the case of Radijus vector and 18,000 from AVcom to its total.
Lucic stressed that the telco had used its own rather than public funds for the acquisitions.
Furthermore, it had increased its TV subscriber total in Serbia by over 50% in five months to 700,000+, thereby giving it the ability to invest in content and launch the Superstar channel.
Source: https://www.broadbandtvnews.com/2019/01/06/telekom-srbija-expansion-continues/