Business

Tele2 Becomes Telemach Croatia as United Invests Massive 230 Million Euros

By 5 November 2020

As Poslovni Dnevnik/Lucija Spiljak writes on the 4th of November, as of the 3rd of this month, the popular mobile network Tele2 has been operating under the name Telemach Croatia/Hrvatska, as was announced by the United Group, the parent company of the otherwise very well known Croatian telecom.

The United Group purchased Telemach Croatia back in May 2019, and in the year 2021 it plans to invest as much as 130 million euros in the modernisation of this particular mobile network in order to provide a full 5G experience, as well as an additional 100 million euros in the construction of a state-of-the-art optical network that will enable ultrafast broadband internet at speeds of up to 10 gigabits.

"We're going to continue to provide our customers with the best quality mobile network and new mobile services, with the best fixed network available in the Republic of Croatia," assured Viktor Pavlinic, the CEO of Telemach Croatia. This company will continue to offer its customers products and services under the Tele2 brand, and will present its brand new visual identity only in the first half of 2021. As Victoria Boklag, President of the Management Board of United, added, their investments show commitment to the Croatian market.

"In the telecommunications and media sector, as well as in e-commerce, our platform unites the leading operators and the best producers of media content in Southeastern Europe," she said. Here in the Republic of Croatia currently, the United Group employs about 950 employees with the aim of further growth, and in as many as seven countries by the end of the year it will have about 10 million users and an impressive 11,000 employees.

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