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Telekom Srbija Buys Seven Cable Operators
๐Ÿ‡ท๐Ÿ‡ธ Serbia /Economy & Trade

Telekom Srbija Buys Seven Cable Operators

From N1 Serbia · () Serbian

Translated from Serbian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Telekom Srbija, a state-owned telecommunications company, has acquired seven local cable operators across Serbia.
  • The acquisitions were registered in the Business Registers Agency (APR) on April 27, with merger contracts now published.
  • The acquired companies include operators from various regions, marking a significant consolidation in Serbia's telecom sector.

Telekom Srbija, the state-owned telecommunications giant, has significantly expanded its reach by acquiring seven local cable operators throughout Serbia. These acquisitions were officially registered with the Business Registers Agency (APR) on April 27, signaling a major consolidation within the country's telecom market.

Nova.rs reports that merger contracts for these newly acquired firms have been published in the APR, indicating that the companies will soon be formally integrated into Telekom Srbija. This move consolidates a substantial portion of the local cable market under state control.

The seven acquired operators span various regions of Serbia. Among them are Nova Telnet from Porodin, Ecomax from Vrnjaฤka Banja, Media KDS from Sombor, Link 016 from an unspecified location, DM Link from Petrovac na Mlavi, TTTV Elektro KDS from ฤŒukarica, and KATV d.o.o. from ฤŒoka. Previously, these companies were owned by individuals such as Boban Kosanoviฤ‡, Mirko Stanฤiฤ‡, Tatjana Zorica Popoviฤ‡, Jelena ฤokiฤ‡, Dragan Miloลกeviฤ‡, Milorad Dragiฤ‡eviฤ‡, and Robert Varga, respectively.

DistantNews Editorial

Originally published by N1 Serbia in Serbian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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