Vipnet acquires three local fixed-line operators

Telekom Austria’s Croatian subsidiary Vipnet has acquired a further three local fixed network operators.

The three operators together add 6,500 new customers to Vipnet’s fixed base.

Vipnet has acquired cable operator OKI and has finalised a purchase agreement with Kabelska Televizija Šibenik (KTS) and the residential business of Metronet, with a collective technical reach of 27,000 homes in the Zagreb region and along the Dalmatian coast.

“These three transactions represent a perfect complement to our present operational footprint in the fixed net business. With these new company acquisitions, we consolidate our role as a leading fixed net infrastructure operator and enable further convergent solutions,” said Mladen Pejkovic, CEO of Vipnet.