United Group expands in Croatia with Optima Telekom deal

12 Jul 2021

United Group has agreed to acquire a majority stake in Croatian fixed line operator Optima Telekom. The group is buying a 17.41% stake in Optima from Hrvatski Telekom (HT) and a 36.90% interest from Zagrebacka Banka. Optima Telekom had 116,746 broadband internet subscribers at the end of March, plus 57,081 pay-TV customers. United Group already has a presence in Croatia with mobile operator Telemach Hrvatska, which is the smallest of the country’s three cellcos.

Croatia, Optima Telekom (incl. H1 Telekom), Telemach Hrvatska (formerly Tele2), United Group