BELGRADE (Serbia), August 29 (SeeNews) – Telekom Srbija raised to 51% its stake in Belgrade-based company HD Win which runs four Arena Sport television channels, local media reported.
Telekom Srbija increased its holdings after a capital hike of 7.7 million euro ($11.2 million), news portal eKapija (www.ekapija.rs) said on Sunday.
No information about the size of Telekom Srbija's stake in HD Win prior to the increase was immediately available.
Arena Sport channels are available in Serbia, Croatia, Bosnia and Herzegovina and Montenegro.
As of September 1, Telekom Srbija will offer Arena Sport and other TV channels through IPTV and 3G wireless network, eKapija quoted the telecom's general director Branko Radujko as saying.
($=0.69 euro)
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