Telekom Srbija has officially become the owner of a 100% stake in the second biggest cable operator in Serbia, KopernikusTechnology.
With this acquisition, Telekom Srbija has expanded its user base by around 30% and increased its share in the TV market by 7%. From now on, KopernikusTechnology users will have access to the latest technologies and the content provided by Telekom Srbija, and they will get 27 new TV channels as a welcome package.
KopernikusTechnology has more than 200,000 TV and internet users, operates in 60 towns throughout Serbia and provides TV, internet and landline phone services, featuring a quality infrastructure which enables the provision of the most modern services to over 300,000 households. An intensive growth of the user base by over 25% in the past two years, as well as an accelerated digitalization and establishment of the optical infrastructure, are noticeable.
Telekom Srbija will work on providing former KopernikusTechnology users with additional TV channel content.
The business plans of Telekom Srbija, which include the acquisition of cable operators, are oriented towards the positioning of the company as the regional leader in the field of telecommunications and are a part of the global trend of the consolidation of the telecommunications market.