Commission for Protection of Competition authorizes purchase of Masko cable operator by Telekom Srbija
Telekom has been allowed to buy 100% of Masko, which used to be owned by Momcilo Djuric, the commission says on its website.
Masko provided cable TV and internet and landline phone service exclusively in the territory of Belgrade, and its income in 2017 amounted to around RSD 90 million.
Telekom Srbija bought the cable operator Kopernikus in early November 2018, and in January 2019, it bought another two cable operators, Radijus Vektor and Avcom.
The company's representatives announced at the time that they were negotiating about the purchase of another five smaller cable operators, as part of the Million Plus development strategy, whereby the national telecom aims for a million TV and internet users.
The majority owner of Telekom Srbija is the state, which owns 58.1% of the capital, whereas 20% belongs to the company itself. The rest is owned by small shareholders, citizens and employees who have been given free shares.
Most Important News
06.04.2024. | Agriculture
Preconditions for Placement of Fresh Blueberries and Dried Plums in Chinese Market Secured
16.04.2024. | News
Jovan Ciric, Leasing Director Retail MPC Properties – MPC Echo symbolizes our desire for good ideas and innovative endeavors to spread freely and bring about positive changes
16.04.2024. | News
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
Creative Industry – What This Serbian Economy Sector Worth EUR 2 Billion Encompasses
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
23.04.2024. | Finance
Mali: UK Export Finance interested in financing several projects in Serbia
23.04.2024. | Finance
16.04.2024. | News
Economy Fair in Mostar opens – 26 companies from Serbia exhibiting
16.04.2024. | News
23.04.2024. | Construction, Transport
Tender for first section of Belgrade-Nis fast railroad from Velika Plana to Paracin announced
23.04.2024. | Construction, Transport