Telekom Austria has acquired telecom service provider Amis in Croatia and Slovenia to add Internet and IPTV capabilities.
The company did not reveal the purchase price. Founded in 1995, Amis was the first alternative internet operator in Slovenia. It expanded to Croatia in 2003. Currently, Amis offers Internet, IPTV and telephone services to roughly 86,000 customers in both markets.
By acquiring Amis in Slovenia, Telekom Austria will become a convergent multimedia operator in six of its eight operating markets. By acquiring Amis in Croatia, Telekom Austria aims to strengthen its current market position and further expand its fixed-line product offering with FTTH (fiber to the home) lines.
“With the acquisition of Amis, we can further grow our fixed line business, which is experiencing a strong revival. We were among the first operators in Europe to embark on convergence and we are now a provider of comprehensive solutions in six of our eight operating markets,” said Hannes Ametsreiter, CEO Telekom Austria Group and A1.