Tusmobil becomes Telemach Mobil; Telekom gains Debitel clearance

17 Sep 2015

Slovenian cellular operator Tusmobil has been renamed Telemach Mobil by its new parent company, cable TV and broadband provider Telemach. In April this year Telemach – part of the United Group (SBB/Telemach) controlled by Kohlberg Kravis Roberts (KKR) – completed a deal to acquire the country’s number three wireless player, paying domestically-owned Tus Holding EUR42 million (USD47.5 million) for its 100% stake, with commitments to hand over a further EUR26 million, while also repaying debt worth in excess of EUR40 million. Tusmobil had around 300,000 subscribers and a 13% share of the Slovenian mobile market at the end of June 2015, according to TeleGeography’s GlobalComms Database.

Separately, state-backed fixed and mobile provider Telekom Slovenije has received clearance from the Slovenian Competition Protection Agency (SCPA) to proceed with its acquisition of the country’s largest MVNO, Debitel telekomunikacije, from existing shareholders ACH, Adria Mobil and Svema Trade. The agreement was first announced in March this year. Debitel had around 90,000 users at the end of June 2015, while Telekom leads the wireless market with 1.23 million customers.