Tele2 Croatia to switch to Telemach brand

4 Nov 2020

Tele2 Croatia, which was acquired by United Group in March this year under a deal agreed the previous June, is changing its registered name to Telemach Croatia, though the Tele2 brand will still be used until the first half of 2021. The Telemach brand is already employed by the group at its operations in Slovenia, Montenegro and Bosnia-Herzegovina. The Amsterdam-based parent company says it plans to invest EUR130 million (USD152 million) in the Croatian unit to prepare for the launch of 5G mobile services and a further EUR100 million to roll out fibre-optic infrastructure over the next five years.

Croatia, Telemach Hrvatska (formerly Tele2), United Group