In a move poised to reshape the telecommunications landscape in the Western Balkans, BH Telecom, Bosnia and Herzegovina’s leading telecom operator, is in the process of acquiring Telemach’s operations in Bosnia and Herzegovina, Montenegro, and North Macedonia. The acquisition is set to be one of the most significant investments in the region in recent years.
This strategic consolidation of telecom services marks a turning point for BH Telecom, positioning it as a dominant player in the regional market. Beyond Bosnia and Herzegovina, the deal encompasses Telemach’s assets in Montenegro and North Macedonia, indicating an ambitious expansion plan.
While the financial specifics of the transaction remain under wraps, industry observers suggest the deal represents a landmark moment for the sector. Approval from Bosnia and Herzegovina’s Competition Council is the next step in finalizing the acquisition, which is expected to be officially announced by spring.
This merger is part of a broader restructuring strategy by United Group, the parent company of Telemach. The group is reportedly negotiating the sale of its operations across several countries, including Slovenia, Croatia, Serbia, Bulgaria, and Greece. The planned divestments reflect a shift in United Group’s business model and priorities, with the BH Telecom acquisition being a centerpiece of this transformation.
Should the acquisition proceed as planned, it will significantly consolidate the telecommunications market in Bosnia and Herzegovina while enhancing BH Telecom’s regional footprint. The move also signals increasing competition and potential collaboration in the Balkan telecom sector, with broader implications for connectivity and service delivery in the region.
As the deal edges closer to completion, all eyes will be on BH Telecom to see how this bold expansion shapes the future of telecommunications in the Western Balkans.
