Telekom Austria Aims to Buy Croatian Operators, Poslovni Reports

Telekom Austria AG’s Croatian Vipnet unit is planning to acquire “one or two” alternative operators in Croatia from a list that includes, H1 Telekom and Optima Telekom, Poslovni Dnevnik reported, citing people it didn’t identify.

Vipnet aims to garner 150 million euros ($195 million) to 200 million euros from its owner and use the money to enter into the fixed-line market in Croatia, Poslovni said.

The Croatian mobile company is in the “final phase” of negotiations to take over Metronet, Poslovni said.

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