United Group


United Group to acquire Bulgaria’s Nova Broadcasting

South-east European pay TV outfit United Group has reached an agreement to acquire Bulgaria’s Nova Broadcasting Group from Advance Media Group. The transaction is expected to close early this year subject to regulatory approvals. Nova comprises of 10 TV channels including national Nova TV, the country’s largest online platform Net Info that reach on average […]

United Group in talks to buy Bulgaria’s Nova Broadcasting Group

United Group, the Balkan telco and media company, in talks to acquire Bulgaria’s leading media company Nova Broadcasting Group. The announcement of talks were made by United Group owner BC Partners, with the private equity firm confirming that it was in the midst of discussions with Nova owner Advance Media Group. A potential deal comes […]

United Group to integrate Forthnet as telco increases stake in Greek operator

Greek pay TV operator Forthnet has become a part of former United Group. Based in the former Yugoslavia, United Group brands itself as an alternative telco in Southeast Europe and has two main business segments across telecommunications and media (content and advertising). Forthnet meanwhile is a provider of home entertainment and communications services in Greece […]

United Group completes acquisition of Bulgaria’s Vivacom

South-eastern European broadband and pay TV provider United Group has completed the acquisition of Bulgaria’s Vivacom, following approval of the merger by the EC in April. Vivacom has been the largest domestic operator in Bulgaria in terms of revenues for the last seven years. The company has 1.8 million customers to whom it provides a […]

BC Partners strikes deal for United Group to take stake in Forthnet

Private equity group BC Partners has struck an agreement with Greek pay TV outfit Forthnet’s creditor banks that will see BC-owned United Group take a one third stake in the company. The deal will see United Group take on about 50% of Forthnet’s convertible bonds and loan receivables along with shares in the company, initially, […]

United Group owner BC Partners set to acquire Greece’s Forthnet

The creditors of indebted Greek service provider Forthnet – owner of the Nova TV pay TV operation – have reportedly entered into exclusive talks with private equity outfit BC Partners, owner of south-eastern European operator United Group, to sell their stake in the company. BC Partners would take on Forthnet’s debt as well as acquiring […]

Croatian consolidation takes shape as Tele2 completes sale to United Group

Nordic telco Tele2 has completed the sale of its Croatian subsidiary to Serbia-based Western Balkan service provider United Group. Completion of the deal follows approval of the sale by the Croatian Competition Agency, which told Tele2 that it was greenlighting the agreement at the end of January, following a Phase II investigation. Tele2 announced the sale […]

United Group gets green light for Tele2 acquisition

Tele2’s planned sale of its Croatian unit to Western Balkans service provider United Group has been approved by the country’s competition watchdog. The Croatian Competition Agency has informed Tele2 of its decision following a Phase II investigation and ahead of giving formal approval for the sale. Tele2 announced the sale of its Croatian business in […]

Croatian watchdog launches phase II probe into United Group-Tele2 deal

Croatia’s competition watchdog, the AZTN, has begun a Phase II investigation into Tele2’s sale of its local operation to United Group, the Serbia-based service provider that operates services across multiple countries in the western Balkans.  Tele2 said it would continue to support United Group in its dialogue with the Croatian Competition Agency to obtain clearance. […]

United Group expands reach in SE Europe with Vivacom acquisition

United Group, the pay TV and cable service provider that operates across countries of the former Yugoslavia, has agreed to acquire Bulgarian telecom operator Vivacom for a reported €1.2 billion. The pay TV operator, owned by private equity outfit BC Partners since March last year, will acquire Vivacom, expanding its geographic reach and cementing its […]

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