Release of 18.09.2024
After having enhanced the international connectivity last year with the acquisition of part of the infrastructure of the Serbian provider Conexio, A1 has now signed the share purchase agreement for Conexio Metro d.o.o., a newly registered company, spun off by Conexio. With this transaction A1 Serbia will be able to offer convergent products on its own fibre network for its customers in 2025
Alejandro Plater, CEO A1 Group comments: “For us this means we are further successfully developing our growth strategy. Serbia is the last market in our footprint now turning convergent. 300 km of fibre cable and 42,000 homes passed open up new opportunities for services and applications. We will be able to expand our footprint by using this infrastructure.”
Conexio remains an active company and is not the subject of the acquisition. The completion of the transaction is, inter alia, subject to the applicable merger control clearance. As agreed between the parties, details regarding the transaction will not be released.