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

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. United Group will retain its media assets, including N1 and Nova S television channels. The transactions, subject to regulatory approval, are expected to be completed in the first half of 2025. This deal aligns with United Group's strategy to focus on EU markets.

5 weeks ago
8 Articles