m:tel completes Blicnet acquisition

4 Feb 2019

Telekom Srbija’s Bosnian subsidiary Telekom Srpske, which trades under the m:tel banner, has completed the acquisition of local cable operator Blicnet, it has confirmed in a press release. The operator confirmed in a press release that the purchase had been made as part of an ongoing strategy to position itself as a regional leader in telecommunications.

As previously reported by CommsUpdate, last month the Council of Competition (Konkurencijsko vijece) approved m:tel’s acquisition of Blicnet – which it initially announced in October 2018 – despite objections from another Bosnian cableco, Telemach.

Bosnia and Herzegovina,Blicnet, Telekom Srbija (MTS), Telekom Srpske (m:tel), Telemach (Bosnia & Herzegovina),

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