Telemach

United Group, the Amsterdam-based media and telecommunications corporation, has sold its mobile towers infrastructure in Slovenia, Bulgaria and Croatia to the Saudi company Tawal. While the value of the transaction has not been disclosed, United Group values the infrastructure at €1.22 billion.

Ljubljana – The telecommunications provider Telemach has filed a lawsuit at the Ljubljana District Court against telecoms incumbent Telekom Slovenije over alleged violations of regulatory decisions, demanding the payment of EUR 28.796 million in damages with default interest from 1 June until payment.

Ljubljana – Having acquired frequencies for wireless broadband in a national auction, the telecommunications provider Telemach is launching its 5G network on Tuesday, initially making it available to users in the centre of Ljubljana and the commercial district BTC.

Ljubljana – Slovenian clothes retailer Sportina is in talks with telecommunications group United Group to enter strategic cooperation in the field of online shopping. It thus denied the business newspaper Finance’s report that United Group was about to buy it. United Group did not comment.

Ljubljana – United Media, the media division of United Group, plans to expand to the Slovenian market this year by setting up a news portal under the N1 brand, which is already active in the region.

The Luxembourg-based United Media has already opened the Adria News subsidiary in Ljubljana under which the N1 Slovenija web portal will operate.