Sitemap

Hungary’s 4iG Signs Agreement To Buy Telenor Montenegro

CCIFS Hosts Annual Event French Week

The tenth anniversary “French Week” under the...

AHK Members Dinner With Ambassador Konrad

German-Serbian Chamber of Commerce-AHK Serbia hosted its...

Regional Conference On Renewable Energy In Western Balkans Held In Belgrade

The regional conference "Investment opportunities in renewable...

Mauna Loa: World’s Largest Active Volcano Erupts In Hawaii

The largest active volcano in the world, the 4,169-meter-high Mauna Loa in Hawaii, erupted after recent earthquakes, the US...

Serbia, The U.S., Spain, Argentina, Thailand Apply To Host EXPO 2027

Deputy Prime Minister of Serbia and Minister of Finance Siniša Mali said in Paris, after the end of the...

German Ambassador Konrad Visits The City Of Pirot

The Ambassador of the SR of Germany in Serbia, Anke Konrad, visited the city of Pirot, where, in addition...

Uzice To Become The Cultural Capital Of Serbia In 2024

The working group for the preparation and implementation of the "Cultural Capital of Serbia" program has chosen the city...

Kosovo, Serbia Reach Deal To End Dangerous Dispute Over Car Plates -EU

Kosovo and Serbia reached a deal on Wednesday to end a nearly two-year dispute over car licence plates in...

4iG, Hungarian IT service management company, has signed a non-binding agreement to acquire Telenor Montenegro from PPF Group, 4iG said in a statement.

Both parties agreed to close the transaction by 30 November of this year, subject to the approval of the Montenegrin authorities.

“The acquisition of Telenor Montenegro is in line with 4iG’s regional expansion strategy, and the Target’s solid background and market position, as well as its strong revenue-generating capacity, can bring high added value to our Group,” said Gellert Jaszai, CEO-Chairman of 4iG.

4iG will start due diligence on Telenor Montenegro, the results of which are expected at the end of September and will allow the group to make a final offer, the Hungarian company said.

Two-thirds of Telenor Montenegro’s revenue comes from private and business subscribers. Telenor Montenegro reaches 98% of the Montenegrin population with its 4G-based mobile services.

Related Articles

Mike Michel, CEO, Yettel Srbija

Yettel: Committed To The Green Agenda

Yettel has become the first 100% green mobile network in Serbia, which exclusively uses energy produced from renewable sources As of January 2022, all the...

Peter Szijártó: The Oil Pipeline To Serbia Can Be Built In 18 Months

The pipeline for the transport of Russian oil from Hungary to Serbia can be built in eighteen months, said Hungarian Foreign Minister Peter Szijártó. "It...

Mike Michel, President Of The Foreign Investors Council And CEO Of Yettel

I Choose To Be An Optimist

The country needs strong economic growth through sustainable fiscal consolidation and the continued privatisation and corporatisation of public enterprises and the reform of public...

Daniel Šušnjar, President Of The FIC Telecommunications & Digital Economy Committee (Yettel d.o.o.)

Administrative Barriers On The Road To Digitalisation

Regulatory framework incompatibility in the area of environmental protection prevents the installing of cellular base stations, thereby jeopardising the expansion of capacities and the...

Orban Awarded With The Order Of The Republic Of Serbia

Serbian President Aleksandar Vučić awarded Hungarian Prime Minister Viktor Orbán with the Order of the Republic of Serbia, for outstanding services in developing and...

Hungary’s Csaba Korosi Sworn In As President of UN 77th General Assembly

Hungarian diplomat Csaba Korosi was sworn in as the President of the 77th UN General Assembly, which will open in New York on Tuesday. Kőrösi...

President Of Hungary Katalin Novak Visits Serbia

After a ceremonial reception in Belgrade in front of the Palace of Serbia, the President of Hungary, Katalin Novak, met with the President of...

The Friendship Is Deep Between The Serbian And Hungarian People

The Hungarian government is committed to “a deep friendship based on the history shared by the Hungarian and Serbian peoples”, deputy Prime Minister Zsolt...