November 22 (SeeNews) - Bosnia and Herzegovina's cable TV operator Telemach BH has requested a regulatory approval to acquire Tuzla-based peer TX TV, the country's Council of Competition said.
The acquisition will have an impact on the retail market for fixed telephony, internet services and distribution of media in Tuzla and Zenica-Doboj cantons, the competition authority said in a statement on Monday.
You can subscribe to our M&A newsletter here
The Council called all interested parties operating on relevant markets to submit their opinionds of the notified transaction within seven days from the announcement.
Telemach BH is part of United Group, a leading cable and pay TV operator in Southeast Europe.