Southeast Europe-focused multi-play telecoms and media provider United Group has established a subsidiary in Bosnia and Herzegovina, local media reported on Thursday.
United Group set up United Group Network Infrastructure d.o.o. Sarajevo in November with a total equity capital of 1,000 marka ($560.1/511.3 euro), news provider Indikator reported.
Deni Selimic was appointed as director of the Bosnian unit, according to the report.
In August, United Group completed the sale of its entire mobile tower infrastructure unit in Bulgaria, Croatia and Slovenia to Tawal, a subsidiary of Saudi Arabia-based stc Group.
(1 euro = 1.956 marka)
Source: See News
