Telemach sirokopasovne komunikacije d.o.o. agreed to acquire Tusmobil d.o.o. from TUS Holding d.o.o. for €110 million on October 17, 2014. Under the terms of deal, Telemach will pay €42 million at closing will pay €40 million for the Tusmobil's debt obligations and €26 million will be paid post closing based on performance criteria. The transaction is expected to complete around year-end 2014, subject to antitrust and regulatory approvals. Alvaro Membrillera, Anaïs Fritz, Tom Merrifield, David Vann, Étienne Renaudeau and Meredith Jones of Simpson Thacher acted as legal advisors to Kohlberg Kravis Roberts & Co. L.P. and Its Portfolio Group, The United Group.

Telemach sirokopasovne komunikacije d.o.o. completed the acquisition of Tusmobil d.o.o. from TUS Holding d.o.o. on April 1, 2015.