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SARAJEVO (Bosnia and Herzegovina), June 12 (SeeNews) – Bosnian telecommunications regulator, RAK, has fined local cable TV operator Telemach for using power utility Elektroprivreda BiH's low-voltage poles to install its cable TV network in the city of Zenica without authorisation, RAK said.
Telemach was fined 150,000 marka ($86,000/76,700 euro) for installing a 70 km long cable network without obtaining permission from the power utility to use its equipment, RAK said in a statement late on Friday.
RAK explained that Telemach has illegally used someone else's network to conduct its own business activities.
Elektroprivreda BiH said on Tuesday it has signed a deal with Telemach, under which the cable TV operator would use the low-voltage poles of the power utility for the construction of a broadband network.
Telemach Bosnia is part of United Group, a leading cable and pay TV operator in Southeast Europe. Since March 2014 United Group is majority-owned by New York-based global investment firm KKR. The European Bank for Reconstruction and Development (EBRD) is a co-investor in the company.
(1 euro=1.95583 marka)