Croatia’s Optima and H1 complete merger

2 Aug 2017

Croatian broadband operators H1 Telekom and Optima Telekom have announced the successful completion of their merger, which was first announced twelve months ago. The tie-up was originally expected to be completed by February this year, but the Competition Agency (Agencija za Zastitu Trzisnog Natjecanja, AZTN) extended its review of the proposed deal, finally giving it the all-clear in June. Going forward, the two firms will operate jointly under the Optima brand. Optima is currently under the management control of incumbent operator Hrvatski Telekom (HT) until mid-2021, after the former ran into financial difficulties in 2013.

Croatia, H1 Telekom, Optima Telekom (incl. H1 Telekom)