Tele2 Croatia sale approved by regulator

31 Jan 2020

Croatia’s Agency for the Protection of Competition (Agencija za zastitu trzisnog natjecanja, AZTN) has approved Tele2’s proposed sale of its Croatian business to United Group which was first announced on 31 May 2019. A formal approval is expected to be published in the coming weeks, with the EUR220 million (USD242 million) deal then due to complete in the next few months. Tele2 Croatia is the smallest of the country’s three mobile network operators (MNOs), behind Hrvatski Telekom (HT) and A1 Hrvatska.

Croatia, Tele2, Telemach Hrvatska (formerly Tele2), United Group