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Optima Telekom now part of Telemach Croatia

1 Nov 2022

Croatian fixed broadband operator Optima Telekom has officially become part of Telemach Croatia, which is itself a unit of regional fixed, mobile and pay-TV business United Group. All Optima services will now be offered under the Telemach brand, giving Optima customers access to a wider range of services while improving Telemach’s position in the fixed broadband sector.

Telemach agreed a deal to acquire 54.31% of Optima Telekom’s shares in July 2021 and subsequently bought out other shareholders to take full control earlier this year. Optima shares were delisted from the Zagreb exchange on 25 May 2022. Telemach Croatia aims to invest HRK1.7 billion (USD224 million) by 2025 to improve its fixed and mobile network coverage.

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

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