Announced

e& PPF Telecom to acquire Serbia Broadband from United Group for €825m.

Synopsis

e& PPF Telecom, a Central and South-eastern Europe telecom services provider, agreed to acquire Serbia Broadband, a Serbian cable television and broadband internet service provider, from United Group, a telecoms and media operator, for €825m. “This deal will allow us to complement the existing services that we offer to our Yettel customers in Serbia, and a wider suite of offerings to SBB subscribers. Also, I am confident that Yettel and SBB customers will benefit from the greater synergies this transaction will bring,” Balesh Sharma, e& PPF Telecom CEO.

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