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flag United Group sells Serbian telecom assets for €1.5 billion, focusing on EU media markets.

flag United Group, a Balkan telecom and media company, has agreed to sell its Serbian broadband provider and other assets for €1.5 billion to e& PPF Telecom and Telekom Srbija. flag United Group will retain its media assets, including N1 and Nova S television channels. flag The transactions, subject to regulatory approval, are expected to be completed in the first half of 2025. flag This deal aligns with United Group's strategy to focus on EU markets.

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