Telekom Austria Group acquires Croatian telco Metronet

Telekom Austria acquires MetronetTelekom Austria Group is to acquire a controlling stake in Croatia’s Metronet, a telecommunications service provider.

Metronet primarily serves the business sector with data, voice, IT and cloud services. The network serves approximately 4,300 corporate customers in 66 cities. The company generated approximately €28 million in revenue in 2015.

Terms of the deal were not disclosed.

Read more: Digital TV Europe

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