TeleGeography Logo

Telemach Croatia to launch buyout of Optima Telekom

28 Feb 2022

Telemach Croatia, a subsidiary of United Group, has received regulatory clearance to proceed with a buyout of the remaining shares of fixed line operator Optima Telekom which it does not own. Mobile services provider Telemach agreed to acquire a 54.31% stake in Optima in July 2021, going on to finalise the purchase in January. SeeNews now reports that Croatia’s financial services watchdog Hanfa has approved a move for Telemach to buy out other shareholders at a price of HRK5.36 (USD0.79) per share. Optima shares were trading at HRK5.24 each on Friday (25 February). United Group plans to launch a converged package of fixed and mobile services by combining the operations of Telemach and Optima.

Croatia, Optima Telekom, Telemach Croatia (formerly Tele2), United Group

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.