Hrvatski Telekom d.d. (ZGSE:HT-R-A) completed the acquisition of 76.53% stake in Crnogorski Telekom a.d. from Magyar Telekom Telecommunications Public Limited Company.
Hrvatski Telekom d.d. (ZGSE:HT-R-A) signed a share purchase agreement to acquire 76.53% stake in Crnogorski Telekom a.d. from Magyar Telekom Telecommunications Public Limited Company (BUSE:MTELEKOM) for approximately 120 million on January 10, 2017. In the first nine months of 2016, Crnogorski Telekom generated revenues of 69.4 million and earnings before interest, tax, depreciation and amortization (EBITDA), excluding exceptional items, amounted to 24 million. The transaction is expected to be completed by the end of January, 2017.
Hrvatski Telekom d.d. (ZGSE:HT-R-A) completed the acquisition of 76.53% stake in Crnogorski Telekom a.d. from Magyar Telekom Telecommunications Public Limited Company (BUSE:MTELEKOM) at the beginning of January 2017.